UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 11-K
☒ | ANNUAL REPORT PURSUANT TO SECTION 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the year ended December 31, 2018
OR
☐ | TRANSITION REPORT PURSUANT TO SECTION 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
Commission file number 1-4448
A. | Full title of the plan and the address of the plan, if different from that of the issuer named below: |
Baxter Healthcare of Puerto Rico Savings and Investment Plan
B. | Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: |
Baxter International Inc.
One Baxter Parkway
Deerfield, IL 60015
(224) 948-2000
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Index
December 31, 2018 and 2017
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Financial Statements |
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Statements of Net Assets Available for Benefits as of December 31, 2018 and 2017 |
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Statement of Changes in Net Assets Available for Benefits for the year ended December 31, 2018………………………………………………………………………………………………………... |
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| 5-11 | |
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Schedule H, Line 4i: Schedule of Assets (Held at End of Year) as of December 31, 2018 |
| 12-29 |
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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Participants and Administrative Committee of
the Baxter Healthcare of Puerto Rico Savings and Investment Plan
Deerfield, Illinois
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of the Baxter Healthcare of Puerto Rico Savings and Investment Plan (the "Plan") as of December 31, 2018 and 2017, the related statement of changes in net assets available for benefits for the year ended December 31, 2018 and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2018 and 2017, and the changes in net assets available for benefits for the year ended December 31, 2018, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
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The supplemental Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2018 has been subjected to audit procedures performed in conjunction with the audit of the Baxter Healthcare of Puerto Rico Savings and Investment Plan’s financial statements. The supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the information presented in the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental schedule is fairly stated in all material respects in relation to the financial statements as a whole.
/s/ Crowe LLP
We have served as the Plan's auditor since 2010.
Oak Brook, Illinois
June 28, 2019
2
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Statements of Net Assets Available for Benefits
December 31, 2018 and 2017 (in thousands)
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| 2018 |
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| 2017 |
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Assets |
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Investments |
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Cash and cash equivalents |
| $ | 562 |
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| $ | 3,003 |
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Common stock (including securities on loan of zero in 2018 and $3 in 2017) |
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| 11,934 |
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| 14,391 |
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U.S. government and government agency issues (including securities on loan of $186 in 2018 and $69 in 2017) |
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| 536 |
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| 466 |
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Corporate and other obligations (including securities on loan of $8 in 2018 and $27 in 2017) |
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| 269 |
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| 289 |
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Common-collective trusts |
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| 25,899 |
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| 29,913 |
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Collateral held on loaned securities |
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| 198 |
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| 101 |
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Total investments at fair value |
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| 39,398 |
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| 48,163 |
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Synthetic guaranteed investment contracts at contract value |
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| 19,572 |
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| 21,357 |
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Total investments |
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| 58,970 |
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| 69,520 |
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Receivables |
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Sponsor contribution |
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| 1,206 |
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| 1,120 |
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Note receivables from participants |
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| 3,166 |
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| 4,098 |
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Accrued interest and dividends |
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| 52 |
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| 35 |
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Due from brokers for securities sold |
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| 1 |
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| 78 |
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Total receivables |
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| 4,425 |
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| 5,331 |
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Total assets |
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| 63,395 |
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| 74,851 |
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Liabilities |
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Accounts payable |
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| 171 |
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| 766 |
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Due to brokers for securities purchased |
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| 43 |
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| 127 |
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Collateral to be paid on loaned securities |
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| 198 |
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| 101 |
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Total liabilities |
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| 412 |
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| 994 |
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Net assets available for benefits |
| $ | 62,983 |
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| $ | 73,857 |
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The accompanying notes are an integral part of these financial statements.
3
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Statement of Changes in Net Assets Available for Benefits
For the Year Ended December 31, 2018 (in thousands)
| 2018 |
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Additions to net assets attributed to |
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Investment loss |
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Net depreciation in fair value of investments |
| $ | (1,313 | ) |
Interest |
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| 606 |
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Dividends |
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| 139 |
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Net investment loss |
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| (568 | ) |
Participant loan interest |
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| 173 |
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Contributions |
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Sponsor |
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| 3,098 |
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Participant |
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| 4,695 |
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Total contributions |
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| 7,793 |
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Net additions |
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| 7,398 |
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Deductions from net assets attributed to |
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Benefits paid |
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| 18,272 |
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Total deductions |
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| 18,272 |
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Net decrease |
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| (10,874 | ) |
Net assets available for benefits |
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Beginning of year |
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| 73,857 |
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End of year |
| $ | 62,983 |
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The accompanying notes are an integral part of these financial statements.
4
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Notes to Financial Statements
December 31, 2018 and 2017
The following description of the Baxter Healthcare of Puerto Rico Savings and Investment Plan (the Plan) is provided for general information purposes only. Participants should refer to the Plan document and summary plan description for more complete information. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).
The Plan is a defined contribution plan which became effective on January 1, 1998. The Plan was created for the purpose of providing retirement benefits to Puerto Rico employees of Baxter Healthcare S.A. (the Sponsor or the Company), a subsidiary of Baxter International Inc. (Baxter) and to encourage and assist employees in adopting a regular savings program by means of payroll deductions through a plan that qualifies under the applicable laws of both the Puerto Rico and the United States Internal Revenue Codes. Plan participants may authorize the Company to make payroll deductions under the Plan ranging from 1% to 50% of their pre-tax monthly compensation, limited to a maximum of $15,000 a year in both 2018 and 2017. Participants who have attained the age of 50 by the end of the year may contribute up to an additional $1,500 per year in “catch-up” contributions. Newly hired employees are deemed to have elected to contribute 6% of compensation (increased 1% per year to a total of 10%) unless they make a contrary election. The Company matches a participant’s savings contributions at the rate of 50 cents for each dollar of a participant’s pre-tax contribution, up to a maximum of 6% of a participant’s compensation, so that the maximum matching contribution for participants who contribute at least 6% of their compensation is 3% of compensation. The Company also contributes an additional non-matching 3% of compensation for employees that are not eligible to participate in the Company’s Puerto Rico defined benefit pension plan, which includes all new employees hired on or after January 1, 2008. Participants are immediately vested in their elective contributions plus actual earnings thereon. Vesting in the Company’s matching and non-matching contributions plus actual earnings thereon is based on years of service. The matching contributions vest in accordance with the following vesting schedule:
Years of Service |
| Vesting % |
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1 |
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| 20 | % |
2 |
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| 40 | % |
3 |
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| 60 | % |
4 |
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| 80 | % |
5 or more |
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| 100 | % |
The additional non-matching contributions become fully vested after three years of service. Employees are fully vested in the Company’s matching contributions and non-matching account, regardless of years of service with the Company, upon attaining age 65, upon becoming disabled in accordance with the provisions of the Plan or upon dying while employed by the Company. Forfeitures of nonvested accounts are used to reduce future Company contributions.
Participants may borrow from their vested accounts a minimum of $500 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. The loans are secured by the balance in the participant’s account and bear interest at the prime rate at the last day of the month prior to loan request, plus one percent.
Participants or their beneficiaries may elect lump-sum benefit payments, or benefits may be paid in installments. Shares of Baxter common stock may also be distributed in kind at the participant’s election. Subject to certain provisions specified in the Plan agreement, employed participants may withdraw their pre-tax contributions (but not the earnings on the contributions) in cases of financial hardship. In the case of a participant termination by reason of death or disability, the entire vested amount is paid to the person or persons legally entitled thereto.
Each participant’s account is credited with the participant’s contributions and an allocation of the Company’s contributions and Plan earnings, and is charged with his or her withdrawals and an allocation of Plan-related expenses. Allocations are based on participant earnings or account balances, as defined in the Plan document.
5
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Notes to Financial Statements
December 31, 2018 and 2017
The net income of the Plan is posted to the participants’ accounts on a daily basis. Each participant directs the investment of his or her account to any of the investment options available under the Plan.
Upon enrollment in the Plan, a participant may direct contributions into any of 17 investment options: Stable Income Fund, Baxter Common Stock Fund, State Street S&P 500 Index Non-Lending Series Fund, State Street International Index Non-Lending Series Fund, State Street Russell Small Cap Index Non-Lending Series Fund, Northern Trust Domestic Mid Cap Fund, State Street Global Advisors Emerging Markets Fund (SSgA Emerging Markets Fund) and ten different Target Date Retirement Funds. However, non-matching contributions may not be invested in the Baxter Common Stock Fund. Effective January 1, 2018, participant balances in the Baxter Common Stock Fund were limited to no more than 25 percent of the participant’s total Plan account balance, subject to certain grandfathering exceptions for those participants whose balance exceeded 25 percent as of the effective date. In addition, effective January 1, 2018, the Plan eliminated the Edwards Lifesciences Common Stock Fund and the Shire Stock Fund (collectively the “Funds”). Actual common shares held in these Funds were liquidated as of December 31, 2017 and the balances in these Funds as of that date consisted of cash balances only. The cash balances invested in these Funds were automatically transferred in early January 2018 and were reinvested in the Plan’s qualified default investment alternative. Starting in 2013, participants are no longer able to make contributions to the Composite Fund and General Equity Fund, but may make transfers out of these funds at any time.
2. | Summary of Significant Accounting Policies |
Basis of Accounting
The accompanying financial statements of the Plan have been prepared on the accrual basis of accounting. Accordingly, investment income is recognized when earned and expenses are recognized when incurred.
Valuation of Investments and Collateral
The fair value of Plan investments and collateral is determined as follows:
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| Cash and cash equivalents |
| These largely consist of a short-term investment fund and a money market fund, the fair value of which is based on the net asset value. The investment objectives for these funds are to provide safety for principal, daily liquidity and a competitive yield by investing in high quality instruments. |
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| Common stock |
| Value based on closing prices on the valuation date in an active market on national securities exchanges. |
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| U.S. government and government agency issues |
| Value based on reputable pricing vendors that typically use pricing matrices or models. |
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| Corporate and other obligations |
| Value based on reputable pricing vendors that typically use pricing matrices or models. |
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| Common-collective trust |
| Value based on net asset values reported by the fund managers as of the Plan’s financial statement dates and recent transaction prices. Each fund provides for daily redemptions by the Plan at reported net asset values per share, with no advance notice requirement. |
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6
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Notes to Financial Statements
December 31, 2018 and 2017
| Collateral held on loaned securities |
| Value based upon the net asset value per unit of the short-term investment funds where the collateral is invested. Refer to Note 6 for more information on the securities lending program. |
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| Collateral to be paid on loaned securities |
| Value based on the fair value of the underlying securities loaned on the valuation date, plus an incremental margin. |
Income Recognition
Plan investment return includes dividend and interest income, gains and losses on sales of investments and unrealized depreciation or appreciation of investments. Purchases and sales of investments are recorded on a trade date basis. Dividends are recorded on the ex-dividend date. Interest is earned on an accrual basis.
The financial statements reflect the net depreciation or appreciation in the fair value of the Plan’s investments. This net depreciation or appreciation consists of realized gains and losses calculated as the difference between proceeds from a sales transaction and cost determined on a moving average basis, and unrealized gains and losses calculated as the change in the fair value between beginning of the year (or purchase date if later) and the end of the year.
Fully Benefit-responsive Investment Contracts
The Plan holds synthetic guaranteed investment contracts (GICs) as part of the Stable Income Fund. The synthetic GICs provide for a fixed return on principal over a specified time through fully benefit-responsive contracts issued by Transamerica, Prudential and MetLife. The portfolio of assets underlying the synthetic GICs primarily includes cash and cash equivalents, U.S. government and government agency issues, and corporate and other obligations.
These Plan investments are presented at contract value on the Statements of Net Assets Available for Benefits. Contract value represents contributions, plus earnings, less participant withdrawals and administrative expenses. The wrapper contracts used by the Plan are fully benefit-responsive because the wrapper contract issuers are contractually obligated to make up any shortfall in the event that the underlying asset portfolio has been liquidated and is inadequate to cover participant withdrawals and transfers at contract value. There are currently no reserves against contract values for credit risk of the contract issuers or any other risk.
Events that lead to market value withdrawals that exceed 15 percent of the contract value of the GIC’s of Prudential and Transamerica or 10 percent of the contract value of the GIC of MetLife would limit the ability of the Plan to transact at contract value with participants. These events include restructurings, early retirement plans, divestitures, bankruptcies, or legal, tax or regulatory changes. The Plan Sponsor believes that the occurrence of any such event is remote.
The wrapper providers can only terminate at a value different than contract value under an event of default (that was not remedied) such as failure to follow the terms of the contract. If a wrapper provider would like to exit the contract for another reason, the Plan can maintain the contract through an extended termination process designed to ensure continued benefit-responsive treatment for withdrawals.
Notes Receivables from Participants
Participant loans are reported at their unpaid principal balance plus any accrued but unpaid interest, with no allowance for credit losses, as repayments of principal and interest are received through payroll deductions and the notes are collateralized by the participant’s account balances.
Payment of Benefits and Fees
Benefits are recorded when paid. Loan origination fees associated with notes receivable from participants, the Plan’s record keeping and trustee fees, and certain legal and communication expenses are paid by the Plan and are reflected in the financial statements as Plan expenses. Investment management fees are
7
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Notes to Financial Statements
December 31, 2018 and 2017
charged to the Plan as a reduction of investment return and included in the investment income (loss) reported by the Plan. All other expenses of the Plan are paid by Baxter or one of its subsidiaries.
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and related notes to the financial statements. Changes in such estimates may affect amounts reported in future periods.
Other
Due from brokers for securities sold represent the net cash value of security trades initiated but not yet settled at each respective year-end.
Risks and Uncertainties
The Plan provides for various investment options which invest in any combination of registered investment companies, U.S. government and government agency issues, corporate and other obligations, common stock, common-collective trusts, synthetic guaranteed investment contracts and short-term investments. Investment securities are exposed to various risks, such as interest rate, market, liquidity and credit risks. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risks in the near term could materially affect participants’ account balances and the amounts reported in the Statements of Net Assets Available for Benefits and the Statement of Changes in Net Assets Available for Benefits. Individual participants’ accounts bear the risk of loss resulting from fluctuations in investment values.
Investments in U.S. government and government agency issues and corporate and other obligations underlying the Plan’s synthetic GICs include securities with contractual cash flows, such as asset-backed securities, collateralized mortgage obligations and commercial mortgage-backed securities, including securities backed by subprime mortgage loans (corporate and other obligations). The value, liquidity and related income of these securities are sensitive to changes in economic conditions, including real estate values, delinquencies and/or defaults, and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.
3. | Eligibility Requirements |
Employees become eligible to participate in the Plan as of the first day of the month following the completion of thirty days of employment. Eligible employees are those who meet the following requirements:
| A. | Puerto Rico employees of the Company’s Puerto Rico Branch, or the Company, a Baxter subsidiary; |
| B. | Puerto Rico employees not covered by a collective bargaining agreement unless the agreement provides for coverage under the Plan; and |
| C. | Puerto Rico employees who are not leased employees. |
4. | Administration of the Plan |
Banco Popular de Puerto Rico (the Trustee) and State Street Bank and Trust Company (the Custodian) serve as trustee and custodian, respectively, for the Plan. Voya Financial serves as recordkeeper for the Plan.
The Administrative Committee (the Administrator) administers the Plan. Members of the Administrative Committee are appointed by the Compensation Committee of the Board of Directors of Baxter and are employees of Baxter. The Investment Committee has authority, responsibility and control over the management of the assets of the Plan. Members of the Investment Committee are appointed by the Board of Directors of Baxter and are employees of Baxter.
8
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Notes to Financial Statements
December 31, 2018 and 2017
Substantially all investment manager, trustee and administrative fees incurred in the administration of the Plan were paid from the assets of the Plan.
5. | Fair Value of Measurements |
The fair value hierarchy under the accounting standard for fair value measurements consists of the following three levels:
| • | Level 1 - Quoted prices in active markets that the Plan has the ability to access for identical assets or liabilities; |
| • | Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuations in which all significant inputs are observable in the market; and |
| • | Level 3 - Valuations using significant inputs that are unobservable in the market and include the use of judgment by the Plan’s management about the assumptions market participants would use in pricing the asset or liability. |
The following tables summarize the Plan’s financial instruments and liabilities that are measured at fair value on a recurring basis.
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| Basis of Fair Value Measurement |
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(in thousands) |
| Balance at December 31, 2018 |
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| Quoted Prices in Active Markets for Identical Assets (Level 1) |
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| Significant Other Observable Inputs (Level 2) |
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Assets |
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Cash and cash equivalents |
| $ | 562 |
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| $ | — |
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| 562 |
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Common stock |
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| 11,934 |
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| 11,934 |
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| — |
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U.S. government and government agency issues |
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| 536 |
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| — |
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| 536 |
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Corporate and other obligations |
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| 269 |
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| — |
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| 269 |
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Common-collective trusts (A) |
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| 25,899 |
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| — |
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| — |
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Collateral held on loaned securities |
|
| 198 |
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|
| — |
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|
| 198 |
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Total assets |
| $ | 39,398 |
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| $ | 11,934 |
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| $ | 1,565 |
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Liability |
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Collateral to be paid on loaned securities |
| $ | 198 |
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| $ | — |
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| $ | 198 |
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| Basis of Fair Value Measurement |
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(in thousands) |
| Balance at December 31, 2017 |
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| Quoted Prices in Active Markets for Identical Assets (Level 1) |
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| Significant Other Observable Inputs (Level 2) |
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Assets |
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Cash and cash equivalents |
| $ | 3,003 |
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| $ | — |
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| $ | 3,003 |
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Common stock |
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| 14,391 |
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| 14,391 |
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|
| — |
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U.S. government and government agency issues |
|
| 466 |
|
|
| — |
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|
| 466 |
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Corporate and other obligations |
|
| 289 |
|
|
| — |
|
|
| 289 |
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Common-collective trusts (A) |
|
| 29,913 |
|
|
| — |
|
|
| — |
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Collateral held on loaned securities |
|
| 101 |
|
|
| — |
|
|
| 101 |
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Total assets |
| $ | 48,163 |
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| $ | 14,391 |
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| $ | 3,859 |
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Liability |
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Collateral to be paid on loaned securities |
| $ | 101 |
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| $ | — |
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| $ | 101 |
|
9
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Notes to Financial Statements
December 31, 2018 and 2017
See Valuation of Investments and Collateral in Note 2 above for a discussion of the methodologies used to determine the fair values of the Plan’s investments and collateral. These methods may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
6. | Securities Lending Transactions |
The Plan participates in a securities lending program with the Custodian. The program allows the Custodian to loan securities, which are assets of the Plan, to approved brokers (the Borrowers).
The Custodian requires the Borrowers, pursuant to a security loan agreement, to deliver collateral to secure each loan in an amount that is at least equal to the fair value of the securities loaned. The Plan bears the risk of loss with respect to any unfavorable change in fair value of the invested cash collateral. However, the Borrowers bear the risk of loss related to the decrease in the fair value of the non-cash collateral and, therefore, would have to deliver additional securities to maintain the required collateral. In the event of default by any of the Borrowers, the Custodian shall indemnify the Plan by purchasing replacement securities equal to the number of unreturned loaned securities, to the extent that such replacement securities are available on the open market and if to the extent that such proceeds are insufficient or the collateral is unavailable, the purchase of replacement securities shall be made at Trustee expense or, if replacement securities are not able to be purchased, the Custodian shall credit the Plan for the market value of the unreturned securities. In each case, the Custodian would apply the proceeds from the collateral for such a loan to make the Plan whole.
The fair value of the investment of cash collateral received pursuant to securities lending transactions is reflected on the Statements of Net Assets Available for Benefits as an asset and the obligation to return the amount received is reflected as a liability.
As of December 31, 2018 and 2017, the Plan had securities on loan with a fair market value of $194 thousand and $99 thousand, respectively, with cash collateral received of $198 thousand and $101 thousand, respectively, which was invested in the State Street Quality D Short-Term Investment Fund. Investments underlying this fund primarily consisted of cash and cash equivalents and asset-backed securities as of both December 31, 2018 and 2017, and the net asset value of this fund was approximately $1.00 per unit. As of December 31, 2018 and 2017, the cash collateral received is reflected at its fair value of $198 thousand and $101 thousand in the Statements of Net Assets Available for Benefits.
Non-cash collateral of $36 thousand and $34 thousand received for securities on loan at December 31, 2018 and 2017, respectively, consisted of U.S. government and government agency issues, equity securities, and corporate and other obligations held by the Custodian on behalf of the Plan. Non-cash collateral is not included with the collateral balance on the Statements of Net Assets Available for Benefits because it may not be sold or repledged. A portion of the income generated upon investment of cash collateral is remitted to the Borrowers, and the remainder is allocated between the Plan and the Custodian in its capacity as a security agent. Securities lending income allocated to the Plan amounted to $360 and $395 for 2018 and 2017, respectively. Securities lending income is classified as interest income in the Statement of Changes in Net Assets Available for Benefits.
7. Plan Termination
Although it has not expressed any intent to do so, the Plan Sponsor has the right under the Plan to reduce, suspend or discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event the Plan terminates, the interest of each participating employee in the Plan shall
10
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Notes to Financial Statements
December 31, 2018 and 2017
become fully vested and such termination of the Plan would not reduce the interest of any participating employee or their beneficiaries accrued under the Plan up to the date of such termination.
8. | Tax Status of the Plan |
As of August 13, 2012, the Puerto Rico Treasury Department has determined and informed the Plan Sponsor that the Plan and the related trust are designed in accordance with applicable sections entitling exemption from income taxes. The Plan Sponsor has also obtained an updated favorable determination letter dated April 5, 2017, from the Internal Revenue Service (IRS) stating that the Plan is in compliance with IRS regulations. The Plan has been amended since receiving this letter, however, the Plan Sponsor and the Plan Administrator believe the Plan is currently designed and operated in compliance with the applicable requirements of the Internal Revenue Code.
U.S. GAAP requires plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2018 and 2017, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan Administrator believes it is no longer subject to income tax examinations for years prior to 2015.
9. | Parties-in-Interest Transactions |
Parties-in-interest are defined under Department of Labor regulations as any fiduciary of the Plan, any party rendering service to the Plan, the employer, and certain others. At December 31, 2018 and 2017, the Plan held participation units in common-collective trusts and short-term investment funds of State Street Bank and Trust Company, the Plan Custodian; shares of common stock of Baxter, the Plan Sponsor; loans with participants; shares of common stock and units of common-collective trusts managed by Northern Trust Corporation and Vanguard, investment managers for the Plan; and bonds, individual separate accounts or interest rate wrapper contracts of Prudential, Transamerica, and Metlife, issuers of the Plan’s fully benefit-responsive contracts. At December 31, 2018 and 2017, the Plan held 134,758 and 169,555 shares of common stock of Baxter, valued at $8,869,755 and $10,960,019, respectively. Approximately $105 thousand and $100 thousand of dividend income was received in 2018 and 2017, respectively, related to shares of Baxter common stock held by the Plan. Additionally, at December 31, 2018 and 2017, the Plan held notes receivable from participants of $3,166,251 and $4,098,001, respectively. These transactions are allowable party-in-interest transactions under ERISA and the regulations promulgated thereunder.
Fees paid by the Plan for investment management, recordkeeping and consulting services, also qualify as party-in-interest transactions and are included in Plan expenses in the accompanying financial statements. The Company pays certain expenses for the administration of the Plan. These transactions are exempt from the party-in interest transaction prohibitions of ERISA.
11
12
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Identity of Issue |
| Description of Investment | Cost(1) |
| Current Value |
| |||
| Cash & Cash Equivalents: |
|
|
|
| �� |
|
|
|
| CAD Dollar |
| Cash |
| - |
| $ | 57 |
|
| US Dollar |
| Cash |
| - |
|
| (1,032 | ) |
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 590 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 642 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 2,809 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 442,754 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 39,674 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 9,770 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 409 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 19,466 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 30 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 33,718 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 1,587 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 7,427 |
|
| Treasury Bill |
| 0.01% 28 Feb 2019 |
| - |
|
| 3,998 |
|
| Cash & Cash Equivalents |
|
|
| - |
|
| 561,899 |
|
| Common Stock: |
|
|
|
|
|
|
|
|
| Activision Blizzard Inc Common Stock |
| Common Stock |
| - |
|
| 30,864 |
|
| Adobe Inc Common Stock |
| Common Stock |
| - |
|
| 93,120 |
|
| Alexion Pharmaceuticals Inc Common Stock |
| Common Stock |
| - |
|
| 848 |
|
| Alexion Pharmaceuticals Inc Common Stock |
| Common Stock |
| - |
|
| 36,085 |
|
| Alibaba Group Holding Sp Adr Adr |
| Common Stock |
| - |
|
| 92,617 |
|
| Allergan Plc Common Stock |
| Common Stock |
| - |
|
| 1,254 |
|
| Alphabet Inc Cl A Common Stock |
| Common Stock |
| - |
|
| 1,120 |
|
| Alphabet Inc Cl A Common Stock |
| Common Stock |
| - |
|
| 84,945 |
|
| Alphabet Inc Cl C Common Stock |
| Common Stock |
| - |
|
| 85,060 |
|
| Amazon.Com Inc Common Stock |
| Common Stock |
| - |
|
| 174,227 |
|
| American International Group Common Stock |
| Common Stock |
| - |
|
| 1,611 |
|
| American Tower Corp Reit |
| Common Stock |
| - |
|
| 15,236 |
|
| Antero Resources Corp Common Stock |
| Common Stock |
| - |
|
| 730 |
|
| Aon Plc Common Stock |
| Common Stock |
| - |
|
| 1,461 |
|
| Apple Inc Common Stock |
| Common Stock |
| - |
|
| 121,848 |
|
| Applied Materials Inc Common Stock |
| Common Stock |
| - |
|
| 1,097 |
|
| Astrazeneca Plc Spons |
| Common Stock |
| - |
|
| 66,243 |
|
| Bank Of America Corp Common Stock |
| Common Stock |
| - |
|
| 1,651 |
|
* | Baxter International Inc Common Stock |
| Common Stock |
| - |
|
| 8,869,755 |
|
| Berkshire Hathaway Inc Cl B Common Stock |
| Common Stock |
| - |
|
| 1,915 |
|
| Biomarin Pharmaceutical Inc Common Stock |
| Common Stock |
| - |
|
| 34,934 |
|
| Boeing Co/The Common Stock |
| Common Stock |
| - |
|
| 94,043 |
|
| Booking Holdings Inc Common Stock |
| Common Stock |
| - |
|
| 15,050 |
|
| Bristol Myers Squibb Co Common Stock |
| Common Stock |
| - |
|
| 31,135 |
|
| Broadcom Inc Common Stock |
| Common Stock |
| - |
|
| 43,505 |
|
| Capital One Financial Corp Common Stock |
| Common Stock |
| - |
|
| 1,418 |
|
| Cbs Corp Class B Non Voting Common Stock |
| Common Stock |
| - |
|
| 1,172 |
|
| Celgene Corp Common Stock |
| Common Stock |
| - |
|
| 14,241 |
|
| Chipotle Mexican Grill Inc Common Stock |
| Common Stock |
| - |
|
| 22,110 |
|
| Chubb Ltd Common Stock |
| Common Stock |
| - |
|
| 1,471 |
|
| Citigroup Inc Common Stock |
| Common Stock |
| - |
|
| 1,605 |
|
| Comcast Corp Class A Common Stock |
| Common Stock |
| - |
|
| 1,688 |
|
| Costco Wholesale Corp Common Stock |
| Common Stock |
| - |
|
| 61,412 |
|
| Crown Castle Intl Corp Reit |
| Common Stock |
| - |
|
| 24,206 |
|
| Delta Air Lines Inc Common Stock |
| Common Stock |
| - |
|
| 1,404 |
|
| Eaton Corp Plc Common Stock |
| Common Stock |
| - |
|
| 1,426 |
|
| Edwards Lifesciences Corp Common Stock |
| Common Stock |
| - |
|
| 19,660 |
|
| Eog Resources Inc Common Stock |
| Common Stock |
| - |
|
| 13,745 |
|
| Eqt Corp Common Stock |
| Common Stock |
| - |
|
| 987 |
|
| Equitrans Midstream Corp Common Stock |
| Common Stock |
| - |
|
| 909 |
|
| Estee Lauder Companies Cl A Common Stock |
| Common Stock |
| - |
|
| 47,110 |
|
| Exelon Corp Common Stock |
| Common Stock |
| - |
|
| 1,118 |
|
| Facebook Inc Class A Common Stock |
| Common Stock |
| - |
|
| 88,562 |
|
| Farfetch Ltd Class A Common Stock |
| Common Stock |
| - |
|
| 5,800 |
|
13
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
First Data Corp Class A Common Stock |
| Common Stock |
| - |
|
| 1,405 |
| |
| Fluor Corp Common Stock |
| Common Stock |
| - |
|
| 885 |
|
| Goldman Sachs Group Inc Common Stock |
| Common Stock |
| - |
|
| 27,752 |
|
| Goodyear Tire + Rubber Co Common Stock |
| Common Stock |
| - |
|
| 1,203 |
|
| Home Depot Inc Common Stock |
| Common Stock |
| - |
|
| 54,870 |
|
| Idexx Laboratories Inc Common Stock |
| Common Stock |
| - |
|
| 8,029 |
|
| Illumina Inc Common Stock |
| Common Stock |
| - |
|
| 58,610 |
|
| Intuitive Surgical Inc Common Stock |
| Common Stock |
| - |
|
| 30,935 |
|
| Jpmorgan Chase + Co Common Stock |
| Common Stock |
| - |
|
| 49,441 |
|
| Kering Unsponsored |
| Common Stock |
| - |
|
| 38,217 |
|
| Lennar Corp A Common Stock |
| Common Stock |
| - |
|
| 866 |
|
| Lululemon Athletica Inc Common Stock |
| Common Stock |
| - |
|
| 15,674 |
|
| Marriott International Cl A Common Stock |
| Common Stock |
| - |
|
| 48,348 |
|
| Marsh + Mclennan Cos Common Stock |
| Common Stock |
| - |
|
| 1,176 |
|
| Mastercard Inc A Common Stock |
| Common Stock |
| - |
|
| 121,243 |
|
| Mcdonald S Corp Common Stock |
| Common Stock |
| - |
|
| 39,916 |
|
| Merck + Co. Inc. Common Stock |
| Common Stock |
| - |
|
| 2,202 |
|
| Merck + Co. Inc. Common Stock |
| Common Stock |
| - |
|
| 40,184 |
|
| Microsoft Corp Common Stock |
| Common Stock |
| - |
|
| 1,157 |
|
| Microsoft Corp Common Stock |
| Common Stock |
| - |
|
| 157,685 |
|
| Mondelez International Inc A Common Stock |
| Common Stock |
| - |
|
| 1,153 |
|
| Netflix Inc Common Stock |
| Common Stock |
| - |
|
| 115,531 |
|
| Nike Inc Cl B Common Stock |
| Common Stock |
| - |
|
| 48,519 |
|
| Nvent Electric Plc Common Stock |
| Common Stock |
| - |
|
| 1,114 |
|
| Nvidia Corp Common Stock |
| Common Stock |
| - |
|
| 42,931 |
|
| Nxp Semiconductors Nv Common Stock |
| Common Stock |
| - |
|
| 982 |
|
| Paypal Holdings Inc Common Stock |
| Common Stock |
| - |
|
| 41,867 |
|
| Pfizer Inc Common Stock |
| Common Stock |
| - |
|
| 1,462 |
|
| Red Hat Inc Common Stock |
| Common Stock |
| - |
|
| 39,141 |
|
| S+P Global Inc Common Stock |
| Common Stock |
| - |
|
| 40,567 |
|
| Sabre Corp Common Stock |
| Common Stock |
| - |
|
| 1,769 |
|
| Safran Sa Unspon |
| Common Stock |
| - |
|
| 31,288 |
|
| Salesforce.Com Inc Common Stock |
| Common Stock |
| - |
|
| 113,495 |
|
| Schlumberger Ltd Common Stock |
| Common Stock |
| - |
|
| 895 |
|
| Servicenow Inc Common Stock |
| Common Stock |
| - |
|
| 19,690 |
|
| Splunk Inc Common Stock |
| Common Stock |
| - |
|
| 35,182 |
|
| Square Inc A Common Stock |
| Common Stock |
| - |
|
| 17,705 |
|
| Tencent Holdings Ltd Uns |
| Common Stock |
| - |
|
| 99,603 |
|
| Tesla Inc Common Stock |
| Common Stock |
| - |
|
| 82,030 |
|
| Thermo Fisher Scientific Inc Common Stock |
| Common Stock |
| - |
|
| 1,200 |
|
| Total Sa Spon |
| Common Stock |
| - |
|
| 1,224 |
|
| Union Pacific Corp Common Stock |
| Common Stock |
| - |
|
| 30,532 |
|
| Unitedhealth Group Inc Common Stock |
| Common Stock |
| - |
|
| 46,138 |
|
| Vertex Pharmaceuticals Inc Common Stock |
| Common Stock |
| - |
|
| 44,165 |
|
| Visa Inc Class A Shares Common Stock |
| Common Stock |
| - |
|
| 108,386 |
|
| Vodafone Group Plc Sp |
| Common Stock |
| - |
|
| 930 |
|
| Walmart Inc Common Stock |
| Common Stock |
| - |
|
| 1,436 |
|
| Workday Inc Class A Common Stock |
| Common Stock |
| - |
|
| 54,976 |
|
| Common Stock |
|
|
| - |
|
| 11,934,107 |
|
** | U.S. Government and Government Agency Issues: |
|
|
|
|
|
|
|
|
| Fed Hm Ln Pc Pool C48827 Fg |
| 6% 1 Mar 2031 |
| - |
|
| 10 |
|
| Fed Hm Ln Pc Pool G12334 Fg |
| 5% 1 Sep 2021 |
| - |
|
| 131 |
|
| Fed Hm Ln Pc Pool Q29797 Fg |
| 3.5% 1 Nov 2044 |
| - |
|
| 897 |
|
| Fed Hm Ln Pc Pool Q39583 Fg |
| 4.5% 1 Mar 2046 |
| - |
|
| 270 |
|
| Fed Hm Ln Pc Pool Q45166 Fg |
| 3.5% 1 Dec 2046 |
| - |
|
| 6,152 |
|
| Fed Hm Ln Pc Pool Q46343 Fg |
| 4% 1 Feb 2047 |
| - |
|
| 6,700 |
|
| Fed Hm Ln Pc Pool Q46522 Fg |
| 3.5% 1 Mar 2047 |
| - |
|
| 424 |
|
| Fed Hm Ln Pc Pool Q47881 Fg |
| 4% 1 May 2047 |
| - |
|
| 317 |
|
| Fed Hm Ln Pc Pool Q48185 Fg |
| 4% 1 May 2047 |
| - |
|
| 933 |
|
| Fed Hm Ln Pc Pool Q48734 Fg |
| 4% 1 Jun 2047 |
| - |
|
| 1,089 |
|
| Fed Hm Ln Pc Pool Q48748 Fg |
| 4% 1 Jun 2047 |
| - |
|
| 843 |
|
| Fed Hm Ln Pc Pool Q50232 Fg |
| 3.5% 1 Aug 2047 |
| - |
|
| 653 |
|
| Fed Hm Ln Pc Pool Q50240 Fg |
| 4.5% 1 Aug 2047 |
| - |
|
| 517 |
|
14
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Fed Hm Ln Pc Pool Q51179 Fg |
| 3.5% 1 Oct 2047 |
| - |
|
| 1,491 |
| |
| Fed Hm Ln Pc Pool Q51803 Fg |
| 3.5% 1 Nov 2047 |
| - |
|
| 721 |
|
| Fed Hm Ln Pc Pool Q52122 Fg |
| 3.5% 1 Nov 2047 |
| - |
|
| 705 |
|
| Fed Hm Ln Pc Pool Q52872 Fg |
| 3.5% 1 Dec 2047 |
| - |
|
| 852 |
|
| Fed Hm Ln Pc Pool Q53695 Fg |
| 3.5% 1 Jan 2048 |
| - |
|
| 4,691 |
|
| Fed Hm Ln Pc Pool Q54625 Fg |
| 4.5% 1 Mar 2048 |
| - |
|
| 1,544 |
|
| Fed Hm Ln Pc Pool Q55879 Fg |
| 4.5% 1 May 2048 |
| - |
|
| 1,598 |
|
| Fed Hm Ln Pc Pool Q56813 Fg |
| 4.5% 1 Jun 2048 |
| - |
|
| 976 |
|
| Fed Hm Ln Pc Pool Q58016 Fg |
| 4.5% 1 Aug 2048 |
| - |
|
| 1,677 |
|
| Fed Hm Ln Pc Pool V84664 Fg |
| 4.5% 1 Sep 2048 |
| - |
|
| 2,004 |
|
| Fnma Pool 256398 Fn |
| 6% 1 Sep 2021 |
| - |
|
| 38 |
|
| Fnma Pool 725690 Fn |
| 6% 1 Aug 2034 |
| - |
|
| 504 |
|
| Fnma Pool 748115 Fn |
| 6% 1 Oct 2033 |
| - |
|
| 159 |
|
| Fnma Pool 815316 Fn |
| 5.5% 1 May 2035 |
| - |
|
| 933 |
|
| Fnma Pool 885504 Fn |
| 6% 1 Jun 2021 |
| - |
|
| 40 |
|
| Fnma Pool 902793 Fn |
| 6.5% 1 Nov 2036 |
| - |
|
| 250 |
|
| Fnma Pool Ah4008 Fn |
| 4% 1 Mar 2041 |
| - |
|
| 2,446 |
|
| Fnma Pool An7247 Fn |
| 2.95% 1 Nov 2027 |
| - |
|
| 456 |
|
| Fnma Pool An7384 Fn |
| 2.88% 1 Dec 2027 |
| - |
|
| 387 |
|
| Fnma Pool An7560 Fn |
| 2.9% 1 Dec 2027 |
| - |
|
| 710 |
|
| Fnma Pool Ap6604 Fn |
| 3% 1 Sep 2042 |
| - |
|
| 5,941 |
|
| Fnma Pool Aq9715 Fn |
| 3% 1 Jan 2043 |
| - |
|
| 771 |
|
| Fnma Pool As3867 Fn |
| 4% 1 Nov 2044 |
| - |
|
| 3,399 |
|
| Fnma Pool As6582 Fn |
| 3.5% 1 Feb 2046 |
| - |
|
| 717 |
|
| Fnma Pool As7409 Fn |
| 4.5% 1 Jun 2046 |
| - |
|
| 1,362 |
|
| Fnma Pool As7580 Fn |
| 3% 1 Jul 2046 |
| - |
|
| 635 |
|
| Fnma Pool As7611 Fn |
| 2.5% 1 Jul 2046 |
| - |
|
| 713 |
|
| Fnma Pool As7660 Fn |
| 2.5% 1 Aug 2046 |
| - |
|
| 1,332 |
|
| Fnma Pool As8073 Fn |
| 2.5% 1 Oct 2046 |
| - |
|
| 1,102 |
|
| Fnma Pool As8269 Fn |
| 3% 1 Nov 2046 |
| - |
|
| 7,857 |
|
| Fnma Pool As9949 Fn |
| 3.5% 1 Apr 2046 |
| - |
|
| 1,891 |
|
| Fnma Pool Au4359 Fn |
| 4.5% 1 Sep 2043 |
| - |
|
| 1,433 |
|
| Fnma Pool Aw0206 Fn |
| 4.5% 1 Feb 2044 |
| - |
|
| 799 |
|
| Fnma Pool Ax5231 Fn |
| 4.5% 1 Nov 2044 |
| - |
|
| 421 |
|
| Fnma Pool Ay6582 Fn |
| 3.5% 1 Feb 2045 |
| - |
|
| 897 |
|
| Fnma Pool Bc1170 Fn |
| 4.5% 1 Jun 2046 |
| - |
|
| 493 |
|
| Fnma Pool Bc3473 Fn |
| 3.5% 1 Jan 2046 |
| - |
|
| 595 |
|
| Fnma Pool Bc7230 Fn |
| 3.5% 1 Apr 2046 |
| - |
|
| 563 |
|
| Fnma Pool Bd1410 Fn |
| 3.5% 1 Jun 2046 |
| - |
|
| 560 |
|
| Fnma Pool Bd2217 Fn |
| 4.5% 1 Jul 2046 |
| - |
|
| 193 |
|
| Fnma Pool Bd3032 Fn |
| 3.5% 1 Sep 2046 |
| - |
|
| 512 |
|
| Fnma Pool Bd6459 Fn |
| 3.5% 1 Sep 2046 |
| - |
|
| 824 |
|
| Fnma Pool Bd8318 Fn |
| 3.5% 1 Dec 2046 |
| - |
|
| 749 |
|
| Fnma Pool Bd9324 Fn |
| 3.5% 1 Oct 2046 |
| - |
|
| 371 |
|
| Fnma Pool Bd9442 Fn |
| 3.5% 1 Nov 2046 |
| - |
|
| 463 |
|
| Fnma Pool Be0215 Fn |
| 3.5% 1 Jan 2047 |
| - |
|
| 450 |
|
| Fnma Pool Be1670 Fn |
| 4% 1 Oct 2046 |
| - |
|
| 698 |
|
| Fnma Pool Be4442 Fn |
| 3% 1 Nov 2046 |
| - |
|
| 414 |
|
| Fnma Pool Be4446 Fn |
| 3.5% 1 Nov 2046 |
| - |
|
| 561 |
|
| Fnma Pool Be6469 Fn |
| 3% 1 Dec 2046 |
| - |
|
| 898 |
|
| Fnma Pool Be7912 Fn |
| 3% 1 Feb 2047 |
| - |
|
| 841 |
|
| Fnma Pool Be8213 Fn |
| 3.5% 1 Apr 2047 |
| - |
|
| 1,235 |
|
| Fnma Pool Be9612 Fn |
| 3.5% 1 Jun 2047 |
| - |
|
| 516 |
|
| Fnma Pool Bf0090 Fn |
| 3.5% 1 May 2056 |
| - |
|
| 2,680 |
|
| Fnma Pool Bf0093 Fn |
| 3.5% 1 May 2056 |
| - |
|
| 840 |
|
| Fnma Pool Bf0106 Fn |
| 3.5% 1 Jun 2056 |
| - |
|
| 4,108 |
|
| Fnma Pool Bf0168 Fn |
| 3.5% 1 Feb 2057 |
| - |
|
| 6,513 |
|
| Fnma Pool Bf0175 Fn |
| 2.5% 1 Jan 2057 |
| - |
|
| 1,918 |
|
| Fnma Pool Bf0189 Fn |
| 3% 1 Jun 2057 |
| - |
|
| 789 |
|
| Fnma Pool Bf0217 Fn |
| 3% 1 Sep 2057 |
| - |
|
| 2,251 |
|
| Fnma Pool Bf0218 Fn |
| 3.5% 1 Sep 2057 |
| - |
|
| 1,764 |
|
| Fnma Pool Bf0219 Fn |
| 3.5% 1 Sep 2057 |
| - |
|
| 2,833 |
|
| Fnma Pool Bf0226 Fn |
| 3.5% 1 Jan 2058 |
| - |
|
| 2,961 |
|
15
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Fnma Pool Bf0249 Fn |
| 3.5% 1 Jan 2058 |
| - |
|
| 6,833 |
| |
| Fnma Pool Bh0156 Fn |
| 3.5% 1 Mar 2047 |
| - |
|
| 860 |
|
| Fnma Pool Bh4266 Fn |
| 4% 1 Jun 2047 |
| - |
|
| 1,300 |
|
| Fnma Pool Bh5863 Fn |
| 4.5% 1 May 2047 |
| - |
|
| 1,087 |
|
| Fnma Pool Bh6738 Fn |
| 3.5% 1 Aug 2047 |
| - |
|
| 670 |
|
| Fnma Pool Bh7892 Fn |
| 4% 1 Nov 2047 |
| - |
|
| 502 |
|
| Fnma Pool Bh9314 Fn |
| 3.5% 1 Sep 2047 |
| - |
|
| 619 |
|
| Fnma Pool Bj0428 Fn |
| 4% 1 Oct 2047 |
| - |
|
| 544 |
|
| Fnma Pool Bj0466 Fn |
| 4% 1 Nov 2047 |
| - |
|
| 904 |
|
| Fnma Pool Bj1908 Fn |
| 3.5% 1 Nov 2047 |
| - |
|
| 693 |
|
| Fnma Pool Bk0016 Fn |
| 4.5% 1 Mar 2048 |
| - |
|
| 1,388 |
|
| Fnma Pool Bk6898 Fn |
| 4% 1 Jul 2048 |
| - |
|
| 952 |
|
| Fnma Pool Bk6899 Fn |
| 4.5% 1 Jul 2048 |
| - |
|
| 409 |
|
| Fnma Pool Bk6904 Fn |
| 4.5% 1 Aug 2048 |
| - |
|
| 341 |
|
| Fnma Pool Bk8865 Fn |
| 4.5% 1 Sep 2048 |
| - |
|
| 1,180 |
|
| Fnma Pool Bn0841 Fn |
| 4% 1 Oct 2048 |
| - |
|
| 1,635 |
|
| Fnma Pool Ma0734 Fn |
| 4.5% 1 May 2031 |
| - |
|
| 1,265 |
|
| Fnma Pool Ma2705 Fn |
| 3% 1 Aug 2046 |
| - |
|
| 586 |
|
| Fnma Pool Ma2737 Fn |
| 3% 1 Sep 2046 |
| - |
|
| 1,245 |
|
| Fnma Pool Ma2781 Fn |
| 2.5% 1 Oct 2046 |
| - |
|
| 11,773 |
|
| Fnma Pool Ma2806 Fn |
| 3% 1 Nov 2046 |
| - |
|
| 4,592 |
|
| Fnma Pool Ma2854 Fn |
| 2.5% 1 Dec 2046 |
| - |
|
| 1,927 |
|
| Fnma Pool Ma3351 Fn |
| 3% 1 Apr 2048 |
| - |
|
| 1,970 |
|
| Fnma Tba 30 Yr 3 Single Family Mortgage |
| 3% 14 Jan 2049 |
| - |
|
| 3,239 |
|
| Fnma Tba 30 Yr 4 Single Family Mortgage |
| 4% 14 Jan 2049 |
| - |
|
| 10,601 |
|
| Fnma Tba 30 Yr 4.5 Single Family Mortgage |
| 4.5% 14 Jan 2049 |
| - |
|
| 24,159 |
|
| Fnma Tba 30 Yr 5 Single Family Mortgage |
| 5% 14 Jan 2049 |
| - |
|
| 4,885 |
|
| Freddie Mac Notes |
| 6.25% 15 Jul 2032 |
| - |
|
| 716 |
|
| Gnma Ii Pool 710082 G2 |
| 4.7% 20 Jul 2061 |
| - |
|
| 2 |
|
| Gnma Ii Pool 710089 G2 |
| 4.7% 20 Oct 2061 |
| - |
|
| 54 |
|
| Gnma Ii Pool 751415 G2 |
| 4.445% 20 Aug 2061 |
| - |
|
| 65 |
|
| Gnma Ii Pool 756731 G2 |
| 4.695% 20 Mar 2062 |
| - |
|
| 85 |
|
| Gnma Ii Pool 766519 G2 |
| 4.643% 20 May 2062 |
| - |
|
| 172 |
|
| Gnma Ii Pool 766522 G2 |
| 4.493% 20 Nov 2062 |
| - |
|
| 428 |
|
| Gnma Ii Pool 766544 G2 |
| 4.499% 20 Dec 2062 |
| - |
|
| 423 |
|
| Gnma Ii Pool 766549 G2 |
| 4.621% 20 Jul 2062 |
| - |
|
| 545 |
|
| Gnma Ii Pool 767659 G2 |
| 4.632% 20 Sep 2063 |
| - |
|
| 1,566 |
|
| Gnma Ii Pool 771800 G2 |
| 4.627% 20 Jan 2064 |
| - |
|
| 713 |
|
| Gnma Ii Pool 798510 G2 |
| 4.651% 20 Jan 2064 |
| - |
|
| 1,463 |
|
| Gnma Ii Pool Aa1698 G2 |
| 4.321% 20 Feb 2063 |
| - |
|
| 892 |
|
| Gnma Ii Pool Aa7548 G2 |
| 4.629% 20 Apr 2064 |
| - |
|
| 2,560 |
|
| Gnma Ii Pool Ab8466 G2 |
| 4.21% 20 Sep 2063 |
| - |
|
| 3,168 |
|
| Gnma Ii Pool Ac0988 G2 |
| 4.382% 20 Jul 2063 |
| - |
|
| 402 |
|
| Gnma Ii Pool Ac9906 G2 |
| 4.299% 20 May 2063 |
| - |
|
| 342 |
|
| Gnma Ii Pool Ac9910 G2 |
| 4.486% 20 Jul 2063 |
| - |
|
| 445 |
|
| Gnma Ii Pool Ah1430 G2 |
| 4.561% 20 Apr 2065 |
| - |
|
| 860 |
|
| Gnma Ii Pool An4723 G2 |
| 4.432% 20 May 2065 |
| - |
|
| 2,137 |
|
| Mex Bonos Desarr Fix Rt Bonds |
| 5.75% 5 Mar 2026 |
| - |
|
| 9,082 |
|
| Oman Gov Interntl Bond Sr Unsecured 144A |
| 3.875% 8 Mar 2022 |
| - |
|
| 2,502 |
|
| Republica Orient Uruguay Sr Unsecured 144A |
| 8.5% 15 Mar 2028 |
| - |
|
| 1,560 |
|
| Republica Orient Uruguay Sr Unsecured 144A |
| 9.875% 20 Jun 2022 |
| - |
|
| 788 |
|
| Saudi International Bond Sr Unsecured 144A |
| 3.25% 26 Oct 2026 |
| - |
|
| 3,571 |
|
| Tenn Valley Authority Sr Unsecured |
| 4.875% 15 Jan 2048 |
| - |
|
| 1,397 |
|
| Tenn Valley Authority Sr Unsecured |
| 5.25% 15 Sep 2039 |
| - |
|
| 1,930 |
|
| Tenn Valley Authority Sr Unsecured |
| 4.625% 15 Sep 2060 |
| - |
|
| 894 |
|
| Tenn Valley Authority Sr Unsecured |
| 4.25% 15 Sep 2065 |
| - |
|
| 3,202 |
|
| Treasury Bill |
| 0.01% 17 Jan 2019 |
| - |
|
| 8,452 |
|
| Treasury Bill |
| 0.01% 28 Feb 2019 |
| - |
|
| 95,882 |
|
| Treasury Bill |
| 0.01% 14 Mar 2019 |
| - |
|
| 13,388 |
|
| Treasury Bill |
| 0.01% 25 Apr 2019 |
| - |
|
| 37,867 |
|
| Tsy Infl Ix N/B |
| 0.25% 15 Jan 2025 |
| - |
|
| 3,014 |
|
| Tsy Infl Ix N/B |
| 0.75% 15 Feb 2045 |
| - |
|
| 20,584 |
|
| Tsy Infl Ix N/B |
| 1% 15 Feb 2046 |
| - |
|
| 20,336 |
|
16
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Tsy Infl Ix N/B |
| 0.875% 15 Feb 2047 |
| - |
|
| 7,989 |
| |
| Tsy Infl Ix N/B |
| 0.125% 15 Jul 2024 |
| - |
|
| 15,944 |
|
| US Treasury N/B |
| 3.125% 15 May 2048 |
| - |
|
| 7,647 |
|
| US Treasury N/B |
| 1% 30 Jun 2019 |
| - |
|
| 15,301 |
|
| US Treasury N/B |
| 2.875% 15 Aug 2028 |
| - |
|
| 9,458 |
|
| US Treasury N/B |
| 1.375% 31 Oct 2020 |
| - |
|
| 591 |
|
| US Treasury N/B |
| 2.875% 30 Nov 2025 |
| - |
|
| 546 |
|
| US Treasury N/B |
| 3.125% 15 Nov 2028 |
| - |
|
| 5,491 |
|
| US Treasury N/B |
| 3.75% 15 Nov 2043 |
| - |
|
| 3,633 |
|
| US Treasury N/B |
| 3.375% 15 Nov 2048 |
| - |
|
| 6,950 |
|
| US Treasury N/B |
| 1.875% 31 Dec 2019 |
| - |
|
| 3,126 |
|
| US Treasury N/B |
| 2.625% 31 Dec 2023 |
| - |
|
| 10,171 |
|
| US Treasury N/B |
| 2.625% 31 Dec 2025 |
| - |
|
| 13,029 |
|
| U.S. Government and Government Agency Issues |
|
|
| - |
|
| 535,503 |
|
** | Corporate and Other Obligations: |
|
|
|
|
|
|
|
|
| Acwa Power Mgmt Invst Sr Secured 144A |
| 5.95% 15 Dec 2039 |
| - |
|
| 2,518 |
|
| Ally Financial Inc Sr Unsecured |
| 3.75% 18 Nov 2019 |
| - |
|
| 1,802 |
|
| Amazon.Com Inc Sr Unsecured |
| 4.25% 22 Aug 2057 |
| - |
|
| 2,995 |
|
| Americredit Automobile Receiva Amcar 2015 4 B |
| 2.11% 8 Jan 2021 |
| - |
|
| 847 |
|
| Americredit Automobile Receiva Amcar 2015 4 C |
| 2.88% 8 Jul 2021 |
| - |
|
| 869 |
|
| Americredit Automobile Receiva Amcar 2016 2 A3 |
| 1.6% 9 Nov 2020 |
| - |
|
| 34 |
|
| Americredit Automobile Receiva Amcar 2016 2 B |
| 2.21% 10 May 2021 |
| - |
|
| 200 |
|
| Americredit Automobile Receiva Amcar 2017 1 A3 |
| 1.87% 18 Aug 2021 |
| - |
|
| 416 |
|
| Americredit Automobile Receiva Amcar 2017 2 A3 |
| 1.98% 20 Dec 2021 |
| - |
|
| 332 |
|
| Amerigas P |
| 5.5% 20 May 2025 |
| - |
|
| 184 |
|
| At+T Inc Sr Unsecured |
| 5.25% 1 Mar 2037 |
| - |
|
| 987 |
|
| At+T Inc Sr Unsecured |
| 5.45% 1 Mar 2047 |
| - |
|
| 1,178 |
|
| At+T Inc Sr Unsecured |
| 4.5% 9 Mar 2048 |
| - |
|
| 654 |
|
| At+T Inc Sr Unsecured |
| 5.7% 1 Mar 2057 |
| - |
|
| 1,187 |
|
| At+T Inc Sr Unsecured |
| 4.75% 15 May 2046 |
| - |
|
| 178 |
|
| At+T Inc Sr Unsecured |
| 4.35% 15 Jun 2045 |
| - |
|
| 57 |
|
| Avis Budget Rental Car Funding Aesop 2016 1A A 144A |
| 2.99% 20 Jun 2022 |
| - |
|
| 1,465 |
|
| Avis Budget Rental Car Funding Aesop 2017 1A A 144A |
| 3.07% 20 Sep 2023 |
| - |
|
| 1,993 |
|
| Bacardi Ltd Company Guar 144A |
| 5.3% 15 May 2048 |
| - |
|
| 2,057 |
|
| Banco Santander Chile Sr Unsecured 144A |
| 3.875% 20 Sep 2022 |
| - |
|
| 2,668 |
|
| Bangkok Bank |
| 4.05% 19 Mar 2024 |
| - |
|
| 3,839 |
|
| Bank Of America Corp Sr Unsecured |
| 5% 13 May 2021 |
| - |
|
| 1,878 |
|
| Bank Of America Corp Sr Unsecured |
| 5.625% 1 Jul 2020 |
| - |
|
| 4,364 |
|
| Bank Of Montreal Sr Unsecured |
| 3.1% 13 Apr 2021 |
| - |
|
| 1,272 |
|
| Barclays Plc Sr Unsecured |
| 2.875% 8 Jun 2020 |
| - |
|
| 6,050 |
|
| Bharti Airtel Internatio Company Guar 144A |
| 5.35% 20 May 2024 |
| - |
|
| 2,636 |
|
| Biogen Inc Sr Unsecured |
| 2.9% 15 Sep 2020 |
| - |
|
| 798 |
|
| Braskem America Finance Company Guar 144A |
| 7.125% 22 Jul 2041 |
| - |
|
| 4,796 |
|
| Cigna Corp Company Guar 144A |
| 4.8% 15 Aug 2038 |
| - |
|
| 1,579 |
|
| Cigna Corp Company Guar 144A |
| 4.9% 15 Dec 2048 |
| - |
|
| 2,098 |
|
| Citigroup Inc Sr Unsecured |
| 2.65% 26 Oct 2020 |
| - |
|
| 2,116 |
|
| Citigroup Inc Subordinated |
| 4.05% 30 Jul 2022 |
| - |
|
| 2,221 |
|
| Cnh Industrial Cap Llc Company Guar |
| 4.375% 5 Apr 2022 |
| - |
|
| 1,077 |
|
| Coinstar Funding, Llc Coin 2017 1A A2 144A |
| 5.216% 25 Apr 2047 |
| - |
|
| 2,469 |
|
| Colony American Finance Ltd Cafl 2015 1 A 144A |
| 2.896% 15 Oct 2047 |
| - |
|
| 937 |
|
| Cometa Energia Sa Sr Secured 144A |
| 6.375% 24 Apr 2035 |
| - |
|
| 4,282 |
|
| Comm Mortgage Trust Comm 2013 Gam A2 144A |
| 3.367% 10 Feb 2028 |
| - |
|
| 1,330 |
|
| Comm Mortgage Trust Comm 2016 Sava A 144A |
| 4.06925% 15 Oct 2034 |
| - |
|
| 1,184 |
|
| Comm Mortgage Trust Comm 2016 Sava C 144A |
| 5.34925% 15 Oct 2034 |
| - |
|
| 1,339 |
|
| Contl Airlines 2007 1 Pass Thru Ce |
| 5.983% 19 Oct 2023 |
| - |
|
| 2,871 |
|
| Contl Airlines 2012 2 A Pass Thru Ce |
| 4% 29 Apr 2026 |
| - |
|
| 1,684 |
|
| Cvs Health Corp Sr Unsecured |
| 5.05% 25 Mar 2048 |
| - |
|
| 3,910 |
|
| Drive Auto Receivables Trust Drive 2017 1 B |
| 2.36% 15 Mar 2021 |
| - |
|
| 61 |
|
| Drive Auto Receivables Trust Drive 2017 Aa C 144A |
| 2.98% 18 Jan 2022 |
| - |
|
| 433 |
|
| El Puerto De Liverpool Company Guar 144A |
| 3.875% 6 Oct 2026 |
| - |
|
| 3,480 |
|
| Embarq Corp Sr Unsecured |
| 7.995% 1 Jun 2036 |
| - |
|
| 1,516 |
|
| Embraer Netherlands Fina Company Guar |
| 5.05% 15 Jun 2025 |
| - |
|
| 1,491 |
|
| Enel Americas Sa Sr Unsecured |
| 4% 25 Oct 2026 |
| - |
|
| 374 |
|
17
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Enel Generacion Chile Sa Sr Unsecured |
| 4.25% 15 Apr 2024 |
| - |
|
| 593 |
| |
| Energy Transfer Operatng Company Guar |
| 5.2% 1 Feb 2022 |
| - |
|
| 550 |
|
| Energy Transfer Operatng Company Guar |
| 6.05% 1 Jun 2041 |
| - |
|
| 3,585 |
|
| Ensco Plc Sr Unsecured |
| 4.5% 1 Oct 2024 |
| - |
|
| 479 |
|
| Ensco Plc Sr Unsecured |
| 5.75% 1 Oct 2044 |
| - |
|
| 599 |
|
| Equifax Inc Sr Unsecured |
| 7% 1 Jul 2037 |
| - |
|
| 2,300 |
|
| Exeter Automobile Receivables Eart 2017 1A A 144A |
| 1.96% 15 Mar 2021 |
| - |
|
| 31 |
|
| Fanniemae Aces Fna 2015 M15 A2 |
| 2.923% 25 Oct 2025 |
| - |
|
| 1,849 |
|
| Fanniemae Aces Fna 2015 M17 A2 |
| 2.939% 25 Nov 2025 |
| - |
|
| 795 |
|
| Fanniemae Aces Fna 2016 M4 A2 |
| 2.576% 25 Mar 2026 |
| - |
|
| 1,221 |
|
| Fanniemae Aces Fna 2017 M14 A2 |
| 2.876% 25 Nov 2027 |
| - |
|
| 2,145 |
|
| Fanniemae Aces Fna 2017 M15 A2 |
| 2.959% 25 Sep 2027 |
| - |
|
| 325 |
|
| Fanniemae Aces Fna 2017 M3 A2 |
| 2.485% 25 Dec 2026 |
| - |
|
| 949 |
|
| Fanniemae Aces Fna 2017 M7 A2 |
| 2.961% 25 Feb 2027 |
| - |
|
| 782 |
|
| Fanniemae Aces Fna 2018 M1 A2 |
| 2.986% 25 Dec 2027 |
| - |
|
| 1,376 |
|
| Fanniemae Aces Fna 2018 M10 A2 |
| 3.385% 25 Jul 2028 |
| - |
|
| 268 |
|
| Fanniemae Aces Fna 2018 M2 A2 |
| 2.902% 25 Jan 2028 |
| - |
|
| 645 |
|
| Fanniemae Aces Fna 2018 M7 A2 |
| 3.052% 25 Mar 2028 |
| - |
|
| 913 |
|
| Fanniemae Aces Fna 2018 M8 A2 |
| 3.325% 25 Jun 2028 |
| - |
|
| 466 |
|
| Fhlmc Multifamily Structured P Fhms K058 A2 |
| 2.653% 25 Aug 2026 |
| - |
|
| 258 |
|
| Fhlmc Multifamily Structured P Fhms K061 A2 |
| 3.347% 25 Nov 2026 |
| - |
|
| 809 |
|
| Fhlmc Multifamily Structured P Fhms K062 A2 |
| 3.413% 25 Dec 2026 |
| - |
|
| 610 |
|
| Fhlmc Multifamily Structured P Fhms K063 A2 |
| 3.43% 25 Jan 2027 |
| - |
|
| 678 |
|
| Fhlmc Multifamily Structured P Fhms K069 A2 |
| 3.187% 25 Sep 2027 |
| - |
|
| 133 |
|
| Fhlmc Multifamily Structured P Fhms K071 A2 |
| 3.286% 25 Nov 2027 |
| - |
|
| 134 |
|
| Fhlmc Multifamily Structured P Fhms K072 A2 |
| 3.444% 25 Dec 2027 |
| - |
|
| 1,014 |
|
| Fhlmc Multifamily Structured P Fhms K073 A2 |
| 3.35% 25 Jan 2028 |
| - |
|
| 1,006 |
|
| Fhlmc Multifamily Structured P Fhms K074 A2 |
| 3.6% 25 Jan 2028 |
| - |
|
| 1,983 |
|
| Fhlmc Multifamily Structured P Fhms K081 A2 |
| 3.9% 25 Aug 2028 |
| - |
|
| 2,724 |
|
| Fhlmc Multifamily Structured P Fhms K082 A2 |
| 3.92% 25 Sep 2028 |
| - |
|
| 839 |
|
| Fhlmc Multifamily Structured P Fhms K084 A2 |
| 3.78% 25 Oct 2028 |
| - |
|
| 1,313 |
|
| Fhlmc Multifamily Structured P Fhms K725 A2 |
| 3.002% 25 Jan 2024 |
| - |
|
| 939 |
|
| Fhlmc Multifamily Structured P Fhms K727 A2 |
| 2.946% 25 Jul 2024 |
| - |
|
| 1,472 |
|
| Fhlmc Multifamily Structured P Fhms Kplb A |
| 2.77% 25 May 2025 |
| - |
|
| 921 |
|
| Ford Motor Credit Co Llc Sr Unsecured |
| 5.75% 1 Feb 2021 |
| - |
|
| 4,100 |
|
| Freeport Mcmoran Inc Company Guar |
| 6.875% 15 Feb 2023 |
| - |
|
| 2,833 |
|
| Gamestop Corp Company Guar 144A |
| 5.5% 1 Oct 2019 |
| - |
|
| 1,867 |
|
| General Electric Co Subordinated |
| 5.3% 11 Feb 2021 |
| - |
|
| 335 |
|
| General Motors Co Sr Unsecured |
| 5% 1 Apr 2035 |
| - |
|
| 1,538 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 5.25% 27 Jul 2021 |
| - |
|
| 2,504 |
|
| Goldman Sachs Group Inc Subordinated |
| 6.75% 1 Oct 2037 |
| - |
|
| 303 |
|
| Government National Mortgage A Gnr 2015 H13 Fg |
| 2.71356% 20 Apr 2065 |
| - |
|
| 879 |
|
| Grupo Televisa Sab Sr Unsecured |
| 7.25% 14 May 2043 |
| - |
|
| 886 |
|
| Gs Mortgage Securities Trust Gsms 2011 Gc5 C 144A |
| 5.39106% 10 Aug 2044 |
| - |
|
| 812 |
|
| Hp Enterprise Co Sr Unsecured |
| 3.6% 15 Oct 2020 |
| - |
|
| 1,814 |
|
| Hp Enterprise Co Sr Unsecured |
| 6.2% 15 Oct 2035 |
| - |
|
| 2,003 |
|
| Hyundai Capital America Sr Unsecured 144A |
| 3% 30 Oct 2020 |
| - |
|
| 2,650 |
|
| Infraestructura Energeti Sr Unsecured 144A |
| 4.875% 14 Jan 2048 |
| - |
|
| 2,101 |
|
| Intl Lease Finance Corp Sr Unsecured |
| 5.875% 1 Apr 2019 |
| - |
|
| 942 |
|
| Intl Lease Finance Corp Sr Unsecured |
| 6.25% 15 May 2019 |
| - |
|
| 5,543 |
|
| Invitation Homes Trust Ihsfr 2018 Sfr2 A 144A |
| 3.35513% 17 Jun 2037 |
| - |
|
| 3,161 |
|
| Istar Inc Sr Unsecured |
| 5% 1 Jul 2019 |
| - |
|
| 588 |
|
| Istar Inc Sr Unsecured |
| 6.5% 1 Jul 2021 |
| - |
|
| 597 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 4.5% 24 Jan 2022 |
| - |
|
| 3,383 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 4.625% 10 May 2021 |
| - |
|
| 1,310 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 2.7% 18 May 2023 |
| - |
|
| 772 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 2.55% 29 Oct 2020 |
| - |
|
| 398 |
|
| Kinder Morgan Ener Part Company Guar |
| 4.15% 1 Feb 2024 |
| - |
|
| 1,527 |
|
| Kinder Morgan Ener Part Company Guar |
| 4.3% 1 May 2024 |
| - |
|
| 1,740 |
|
| Kinder Morgan Ener Part Company Guar |
| 3.5% 1 Sep 2023 |
| - |
|
| 1,172 |
|
| Kla Tencor Corp Sr Unsecured |
| 3.375% 1 Nov 2019 |
| - |
|
| 937 |
|
| Koppers Inc Company Guar 144A |
| 6% 15 Feb 2025 |
| - |
|
| 413 |
|
| Lloyds Banking Group Plc Sr Unsecured |
| 3.1% 6 Jul 2021 |
| - |
|
| 2,628 |
|
18
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Lloyds Banking Group Plc Subordinated |
| 4.344% 9 Jan 2048 |
| - |
|
| 2,379 |
| |
| Methanex Corp Sr Unsecured |
| 3.25% 15 Dec 2019 |
| - |
|
| 2,128 |
|
| Mexichem Sab De Cv Company Guar 144A |
| 6.75% 19 Sep 2042 |
| - |
|
| 2,963 |
|
| Mexico City Arpt Trust Sr Secured 144A |
| 5.5% 31 Jul 2047 |
| - |
|
| 2,355 |
|
| Microchip Technology Inc Sr Secured 144A |
| 4.333% 1 Jun 2023 |
| - |
|
| 588 |
|
| Mill City Mortgage Trust Mcmlt 2015 2 A1 144A |
| 3% 25 Sep 2057 |
| - |
|
| 1 |
|
| Mill City Mortgage Trust Mcmlt 2016 1 A1 144A |
| 2.5% 25 Apr 2057 |
| - |
|
| 690 |
|
| Molex Electronics Tech Sr Unsecured 144A |
| 2.878% 15 Apr 2020 |
| - |
|
| 929 |
|
| Molex Electronics Tech Sr Unsecured 144A |
| 3.9% 15 Apr 2025 |
| - |
|
| 1,000 |
|
| Morgan Stanley Sr Unsecured |
| 2.65% 27 Jan 2020 |
| - |
|
| 2,993 |
|
| Morgan Stanley Sr Unsecured |
| 5.5% 26 Jan 2020 |
| - |
|
| 2,261 |
|
| Morgan Stanley Sr Unsecured |
| 2.8% 16 Jun 2020 |
| - |
|
| 533 |
|
| Morgan Stanley Sr Unsecured |
| 3.7% 23 Oct 2024 |
| - |
|
| 2,702 |
|
| Myriad Intl Holdings Bv Company Guar 144A |
| 6% 18 Jul 2020 |
| - |
|
| 3,439 |
|
| Myriad Intl Holdings Bv Company Guar 144A |
| 4.85% 6 Jul 2027 |
| - |
|
| 2,567 |
|
| Nabors Industries Inc Company Guar |
| 5.5% 15 Jan 2023 |
| - |
|
| 532 |
|
| Nabors Industries Inc Company Guar |
| 5.1% 15 Sep 2023 |
| - |
|
| 2,545 |
|
| National Rural Util Coop Subordinated |
| 4.75% 30 Apr 2043 |
| - |
|
| 1,919 |
|
| Navient Corp Sr Unsecured |
| 6.125% 25 Mar 2024 |
| - |
|
| 287 |
|
| Navient Corp Sr Unsecured |
| 4.875% 17 Jun 2019 |
| - |
|
| 1,055 |
|
| Onslow Bay Financial Llc Obx 2018 Exp1 1A3 144A |
| 4% 25 Apr 2048 |
| - |
|
| 1,424 |
|
| Ooredoo Intl Finance Company Guar 144A |
| 3.25% 21 Feb 2023 |
| - |
|
| 2,586 |
|
| Owens Corning Sr Unsecured |
| 4.2% 1 Dec 2024 |
| - |
|
| 1,329 |
|
| Perkinelmer Inc Sr Unsecured |
| 5% 15 Nov 2021 |
| - |
|
| 1,521 |
|
| Petrobras Global Finance Company Guar |
| 5.625% 20 May 2043 |
| - |
|
| 618 |
|
| Petrobras Global Finance Company Guar |
| 6.85% 31 Dec 2099 |
| - |
|
| 1,197 |
|
| Planet Fitness Master Issuer L Plnt 2018 1A A2I 144A |
| 4.262% 5 Sep 2048 |
| - |
|
| 1,745 |
|
| Qep Resources Inc Sr Unsecured |
| 5.25% 1 May 2023 |
| - |
|
| 652 |
|
| Quicken Loans Inc Company Guar 144A |
| 5.75% 1 May 2025 |
| - |
|
| 1,692 |
|
| Radian Group Inc Sr Unsecured |
| 4.5% 1 Oct 2024 |
| - |
|
| 182 |
|
| Range Resources Corp Company Guar |
| 4.875% 15 May 2025 |
| - |
|
| 1,099 |
|
| Resideo Funding Inc Company Guar 144A |
| 6.125% 1 Nov 2026 |
| - |
|
| 198 |
|
| Rpm International Inc Sr Unsecured |
| 6.125% 15 Oct 2019 |
| - |
|
| 1,815 |
|
| Saci Falabella Sr Unsecured 144A |
| 3.75% 30 Apr 2023 |
| - |
|
| 2,600 |
|
| Santander Drive Auto Receivabl Sdart 2016 2 C |
| 2.66% 15 Nov 2021 |
| - |
|
| 3,204 |
|
| Santander Drive Auto Receivabl Sdart 2017 2 B |
| 2.21% 15 Oct 2021 |
| - |
|
| 201 |
|
| Santander Drive Auto Receivabl Sdart 2018 2 B |
| 3.03% 15 Sep 2022 |
| - |
|
| 67 |
|
| Santander Drive Auto Receivabl Sdart 2018 2 C |
| 3.35% 17 Jul 2023 |
| - |
|
| 67 |
|
| Sequoia Mortgage Trust Semt 2018 Ch1 A1 144A |
| 4% 25 Feb 2048 |
| - |
|
| 1,131 |
|
| Sm Energy Co Sr Unsecured |
| 5.625% 1 Jun 2025 |
| - |
|
| 466 |
|
| Southern Copper Corp Sr Unsecured |
| 5.875% 23 Apr 2045 |
| - |
|
| 1,575 |
|
| Springleaf Finance Corp Company Guar |
| 5.25% 15 Dec 2019 |
| - |
|
| 3,358 |
|
| Sprint Capital Corp Company Guar |
| 6.875% 15 Nov 2028 |
| - |
|
| 2,153 |
|
| Sprint Corp Company Guar |
| 7.625% 1 Mar 2026 |
| - |
|
| 331 |
|
| Syngenta Finance Nv Company Guar 144A |
| 3.698% 24 Apr 2020 |
| - |
|
| 2,661 |
|
| Telefonica Emisiones Sau Company Guar |
| 5.462% 16 Feb 2021 |
| - |
|
| 2,083 |
|
| Telefonica Emisiones Sau Company Guar |
| 5.134% 27 Apr 2020 |
| - |
|
| 2,052 |
|
| Thaioil Trsry Center Company Guar 144A |
| 4.875% 23 Jan 2043 |
| - |
|
| 2,596 |
|
| Time Warner Cable Llc Sr Secured |
| 5.5% 1 Sep 2041 |
| - |
|
| 1,221 |
|
| Time Warner Cable Llc Sr Secured |
| 5.875% 15 Nov 2040 |
| - |
|
| 448 |
|
| Towd Point Mortgage Trust Tpmt 2015 2 1A12 144A |
| 2.75% 25 Nov 2060 |
| - |
|
| 591 |
|
| Towd Point Mortgage Trust Tpmt 2016 2 A1A 144A |
| 2.75% 25 Aug 2055 |
| - |
|
| 977 |
|
| Towd Point Mortgage Trust Tpmt 2018 3 A1 144A |
| 3.75% 25 May 2058 |
| - |
|
| 1,722 |
|
| Transelec Sa Sr Unsecured 144A |
| 4.625% 26 Jul 2023 |
| - |
|
| 2,689 |
|
| Transprtdra De Gas Intl Sr Unsecured 144A |
| 5.55% 1 Nov 2028 |
| - |
|
| 2,710 |
|
| Ubs Barclays Commercial Mortga Ubsbb 2013 C5 A4 |
| 3.1847% 10 Mar 2046 |
| - |
|
| 1,340 |
|
| Universal Health Svcs Sr Secured 144A |
| 4.75% 1 Aug 2022 |
| - |
|
| 1,400 |
|
| Verizon Communications Sr Unsecured |
| 4.329% 21 Sep 2028 |
| - |
|
| 1,682 |
|
| Votorantim Cimentos Intl Company Guar 144A |
| 7.25% 5 Apr 2041 |
| - |
|
| 2,741 |
|
| Wf Rbs Commercial Mortgage Tru Wfrbs 2011 C4 D 144A |
| 5.23099% 15 Jun 2044 |
| - |
|
| 661 |
|
| Whirlpool Corp Sr Unsecured |
| 4.7% 1 Jun 2022 |
| - |
|
| 3,154 |
|
| World Financial Network Credit Wfnmt 2012 A A |
| 3.14% 17 Jan 2023 |
| - |
|
| 3,618 |
|
| Corporate and Other Obligations |
|
|
| - |
|
| 268,569 |
|
19
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Synthetic Guaranteed Investment Contracts: |
|
|
|
|
|
|
|
| |
| Cash and Cash Equivalents: |
|
|
|
|
|
|
|
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 38,566 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 71,070 |
|
* | State Street Bank & Trust Co |
| Short-term Investment Fund |
| - |
|
| 165,227 |
|
| Treasury Bill |
| 0.01% 17 Jan 2019 |
| - |
|
| 19,913 |
|
| Australian Dollar |
| Cash |
| - |
|
| 1 |
|
| U.S. Dollar |
| Cash |
| - |
|
| 2,890 |
|
| Cash and Cash Equivalents |
|
|
| - |
|
| 297,667 |
|
| U.S. Government and Government Agency Issues: |
|
|
|
|
|
|
|
|
| Fannie Mae Notes |
| 2.375% 19 Jan 2023 |
| - |
|
| 82,575 |
|
| Fed Hm Ln Pc Pool 1L1358 Fh |
| 4.587% 1 May 2036 |
| - |
|
| 11,956 |
|
| Fed Hm Ln Pc Pool G01843 Fg |
| 6% 1 Jun 2035 |
| - |
|
| 5,877 |
|
| Fed Hm Ln Pc Pool G03205 Fg |
| 5.5% 1 Jul 2035 |
| - |
|
| 1,122 |
|
| Fed Hm Ln Pc Pool G08749 Fg |
| 4% 1 Feb 2047 |
| - |
|
| 12,264 |
|
| Fed Hm Ln Pc Pool G12743 Fg |
| 5.5% 1 Aug 2022 |
| - |
|
| 690 |
|
| Fed Hm Ln Pc Pool G60732 Fg |
| 4% 1 Feb 2046 |
| - |
|
| 22,547 |
|
| Fed Hm Ln Pc Pool G60886 Fg |
| 4% 1 Jul 2044 |
| - |
|
| 17,579 |
|
| Fed Hm Ln Pc Pool J16933 Fg |
| 3% 1 Oct 2026 |
| - |
|
| 414 |
|
| Fed Hm Ln Pc Pool Q03572 Fg |
| 4% 1 Sep 2041 |
| - |
|
| 36,586 |
|
| Fed Hm Ln Pc Pool Q11095 Fg |
| 3.5% 1 Sep 2042 |
| - |
|
| 47,748 |
|
| Fed Hm Ln Pc Pool Q39715 Fg |
| 3.5% 1 Apr 2046 |
| - |
|
| 4,575 |
|
| Fed Hm Ln Pc Pool Q43369 Fg |
| 3.5% 1 Oct 2046 |
| - |
|
| 10,344 |
|
| Fed Hm Ln Pc Pool Q46343 Fg |
| 4% 1 Feb 2047 |
| - |
|
| 12,098 |
|
| Fed Hm Ln Pc Pool Q51345 Fg |
| 3.5% 1 Oct 2047 |
| - |
|
| 5,240 |
|
| Fed Hm Ln Pc Pool Q59042 Fg |
| 4.5% 1 Oct 2048 |
| - |
|
| 57,109 |
|
| Fed Hm Ln Pc Pool Q59738 Fg |
| 5% 1 Nov 2048 |
| - |
|
| 13,710 |
|
| Fed Hm Ln Pc Pool U92432 Fg |
| 4% 1 Feb 2044 |
| - |
|
| 7,792 |
|
| Fed Hm Ln Pc Pool V82290 Fg |
| 4% 1 Apr 2046 |
| - |
|
| 12,062 |
|
| Federal Home Loan Bank Bonds |
| 2.125% 11 Feb 2020 |
| - |
|
| 12,198 |
|
| Federal Home Loan Bank Bonds |
| 1.875% 29 Nov 2021 |
| - |
|
| 63,560 |
|
| Fnma Pool 254693 Fn |
| 5.5% 1 Apr 2033 |
| - |
|
| 1,990 |
|
| Fnma Pool 725222 Fn |
| 5.5% 1 Feb 2034 |
| - |
|
| 2,430 |
|
| Fnma Pool 725423 Fn |
| 5.5% 1 May 2034 |
| - |
|
| 1,877 |
|
| Fnma Pool 725424 Fn |
| 5.5% 1 Apr 2034 |
| - |
|
| 845 |
|
| Fnma Pool 725690 Fn |
| 6% 1 Aug 2034 |
| - |
|
| 780 |
|
| Fnma Pool 725946 Fn |
| 5.5% 1 Nov 2034 |
| - |
|
| 2,160 |
|
| Fnma Pool 914789 Fn |
| 3.875% 1 Apr 2037 |
| - |
|
| 12,128 |
|
| Fnma Pool 931745 Fn |
| 5% 1 Aug 2024 |
| - |
|
| 13,787 |
|
| Fnma Pool 986148 Fn |
| 5.5% 1 Jan 2038 |
| - |
|
| 15,677 |
|
| Fnma Pool Ab5519 Fn |
| 3.5% 1 Jul 2042 |
| - |
|
| 33,509 |
|
| Fnma Pool Ab5688 Fn |
| 3.5% 1 Jul 2037 |
| - |
|
| 10,657 |
|
| Fnma Pool Ab6282 Fn |
| 3.5% 1 Sep 2042 |
| - |
|
| 50,364 |
|
| Fnma Pool Ab7016 Fn |
| 4% 1 Nov 2042 |
| - |
|
| 30,813 |
|
| Fnma Pool Ab9096 Fn |
| 4% 1 Apr 2043 |
| - |
|
| 21,242 |
|
| Fnma Pool Ae9758 Fn |
| 4% 1 Dec 2040 |
| - |
|
| 10,509 |
|
| Fnma Pool Al0139 Fn |
| 3.976% 1 Feb 2039 |
| - |
|
| 6,400 |
|
| Fnma Pool Al9848 Fn |
| 3% 1 Mar 2047 |
| - |
|
| 48,588 |
|
| Fnma Pool Ao4163 Fn |
| 3.5% 1 Jun 2042 |
| - |
|
| 33,653 |
|
| Fnma Pool Ao8169 Fn |
| 3.5% 1 Sep 2042 |
| - |
|
| 23,778 |
|
| Fnma Pool Aq6238 Fn |
| 3.5% 1 Dec 2042 |
| - |
|
| 10,426 |
|
| Fnma Pool Ar4445 Fn |
| 3% 1 Mar 2043 |
| - |
|
| 10,408 |
|
| Fnma Pool Ar9225 Fn |
| 3% 1 Mar 2043 |
| - |
|
| 41,904 |
|
| Fnma Pool As3867 Fn |
| 4% 1 Nov 2044 |
| - |
|
| 10,048 |
|
| Fnma Pool As3955 Fn |
| 4% 1 Dec 2044 |
| - |
|
| 75,572 |
|
| Fnma Pool As6922 Fn |
| 3.5% 1 Apr 2046 |
| - |
|
| 80,073 |
|
| Fnma Pool As7023 Fn |
| 4% 1 Apr 2046 |
| - |
|
| 40,000 |
|
| Fnma Pool As8028 Fn |
| 2.5% 1 Sep 2031 |
| - |
|
| 32,517 |
|
| Fnma Pool As8483 Fn |
| 3% 1 Dec 2046 |
| - |
|
| 126,972 |
|
| Fnma Pool Au1628 Fn |
| 3% 1 Jul 2043 |
| - |
|
| 39,246 |
|
| Fnma Pool Au6109 Fn |
| 4% 1 Sep 2043 |
| - |
|
| 9,065 |
|
| Fnma Pool Au6743 Fn |
| 4% 1 Oct 2043 |
| - |
|
| 21,110 |
|
| Fnma Pool Bc5980 Fn |
| 3.5% 1 Apr 2046 |
| - |
|
| 6,840 |
|
20
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Fnma Pool Bd2440 Fn |
| 3.5% 1 Jan 2047 |
| - |
|
| 31,796 |
| |
| Fnma Pool Bd6399 Fn |
| 3.5% 1 Sep 2046 |
| - |
|
| 12,060 |
|
| Fnma Pool Bd7074 Fn |
| 3% 1 Mar 2047 |
| - |
|
| 47,388 |
|
| Fnma Pool Bd7595 Fn |
| 4% 1 Sep 2046 |
| - |
|
| 6,263 |
|
| Fnma Pool Bd9698 Fn |
| 3.5% 1 Dec 2046 |
| - |
|
| 8,296 |
|
| Fnma Pool Be0183 Fn |
| 3.5% 1 Dec 2046 |
| - |
|
| 11,102 |
|
| Fnma Pool Be2929 Fn |
| 3.5% 1 Dec 2046 |
| - |
|
| 20,108 |
|
| Fnma Pool Be4503 Fn |
| 3.5% 1 Dec 2046 |
| - |
|
| 13,871 |
|
| Fnma Pool Bh5155 Fn |
| 3.5% 1 Sep 2047 |
| - |
|
| 1,700 |
|
| Fnma Pool Bj0648 Fn |
| 3.5% 1 Mar 2048 |
| - |
|
| 51,393 |
|
| Fnma Pool Bj2677 Fn |
| 3.5% 1 Apr 2048 |
| - |
|
| 14,362 |
|
| Fnma Pool Bj7463 Fn |
| 4% 1 Dec 2048 |
| - |
|
| 14,660 |
|
| Fnma Pool Ca1191 Fn |
| 3.5% 1 Nov 2047 |
| - |
|
| 32,725 |
|
| Fnma Pool Ca1354 Fn |
| 3.5% 1 Mar 2048 |
| - |
|
| 20,997 |
|
| Fnma Pool Ca2187 Fn |
| 4% 1 Aug 2048 |
| - |
|
| 4,031 |
|
| Fnma Pool Ca2369 Fn |
| 4.5% 1 Sep 2048 |
| - |
|
| 19,459 |
|
| Fnma Pool Ca2370 Fn |
| 4.5% 1 Sep 2048 |
| - |
|
| 30,808 |
|
| Fnma Pool Ma1217 Fn |
| 4% 1 Oct 2042 |
| - |
|
| 20,506 |
|
| Fnma Pool Ma1404 Fn |
| 3.5% 1 Apr 2043 |
| - |
|
| 21,839 |
|
| Fnma Pool Ma2994 Fn |
| 3.5% 1 May 2047 |
| - |
|
| 46,859 |
|
| Fnma Pool Ma3209 Fn |
| 3% 1 Dec 2047 |
| - |
|
| 24,075 |
|
| Fnma Pool Ma3275 Fn |
| 3% 1 Feb 2048 |
| - |
|
| 60,525 |
|
| Fnma Pool Ma3332 Fn |
| 3.5% 1 Apr 2048 |
| - |
|
| 51,223 |
|
| Fnma Pool Ma3536 Fn |
| 4% 1 Dec 2048 |
| - |
|
| 50,928 |
|
| Fnma Tba 30 Yr 5 Single Family Mortgage |
| 5% 14 Jan 2049 |
| - |
|
| 36,159 |
|
| Freddie Mac Notes |
| 1.875% 17 Nov 2020 |
| - |
|
| 78,752 |
|
| Gnma Ii Pool Ma4719 G2 |
| 3.5% 20 Sep 2047 |
| - |
|
| 96,092 |
|
| New Jersey St Econ Dev Auth Re Njsdev |
| 4.447% 15 Jun 2020 |
| - |
|
| 25,059 |
|
| North Carolina State Education Ncsea 2011 2 A2 |
| 3.28988% 25 Jul 2025 |
| - |
|
| 17,204 |
|
| Ontario (Province Of) Sr Unsecured |
| 4% 7 Oct 2019 |
| - |
|
| 66,696 |
|
| Republic Of Poland Sr Unsecured |
| 6.375% 15 Jul 2019 |
| - |
|
| 1,408 |
|
| South Carolina Student Loan Co Scslc 2010 1 A2 |
| 3.48988% 25 Jul 2025 |
| - |
|
| 14,508 |
|
| Tsy Infl Ix N/B |
| 0.125% 15 Apr 2021 |
| - |
|
| 49,604 |
|
| Tsy Infl Ix N/B |
| 0.625% 15 Jul 2021 |
| - |
|
| 38,501 |
|
| Tsy Infl I |
| 0.375% 15 Jul 2023 |
| - |
|
| 102,329 |
|
| Tsy Infl Ix N/B |
| 0.375% 15 Jul 2025 |
| - |
|
| 79,527 |
|
| Tsy Infl Ix N/B |
| 0.125% 15 Jul 2026 |
| - |
|
| 15,215 |
|
| United Mexican States Sr Unsecured |
| 3.6% 30 Jan 2025 |
| - |
|
| 8,036 |
|
| Us Treasury Frn |
| 2.47483% 31 Oct 2020 |
| - |
|
| 489,297 |
|
| US Treasury N/B |
| 1.125% 31 Jan 2019 |
| - |
|
| 159,545 |
|
| US Treasury N/B |
| 1.125% 15 Jan 2019 |
| - |
|
| 62,804 |
|
| US Treasury N/B |
| 1.125% 28 Feb 2019 |
| - |
|
| 120,755 |
|
| US Treasury N/B |
| 2.75% 15 Feb 2028 |
| - |
|
| 128,216 |
|
| US Treasury N/B |
| 5.25% 15 Feb 2029 |
| - |
|
| 60,172 |
|
| US Treasury N/B |
| 5.375% 15 Feb 2031 |
| - |
|
| 28,070 |
|
| US Treasury N/B |
| 1.375% 31 Mar 2020 |
| - |
|
| 50,342 |
|
| US Treasury N/B |
| 1.25% 31 Mar 2021 |
| - |
|
| 255,696 |
|
| US Treasury N/B |
| 1.25% 30 Apr 2019 |
| - |
|
| 57,621 |
|
| US Treasury N/B |
| 3.5% 15 May 2020 |
| - |
|
| 255,988 |
|
| US Treasury N/B |
| 1.75% 31 May 2022 |
| - |
|
| 55,339 |
|
| US Treasury N/B |
| 1.75% 31 May 2022 |
| - |
|
| 103,633 |
|
| US Treasury N/B |
| 1.75% 15 May 2023 |
| - |
|
| 58,683 |
|
| US Treasury N/B |
| 2.875% 15 May 2028 |
| - |
|
| 175,609 |
|
| US Treasury N/B |
| 1.125% 30 Jun 2021 |
| - |
|
| 15,176 |
|
| US Treasury N/B |
| 1.75% 30 Jun 2022 |
| - |
|
| 44,634 |
|
| US Treasury N/B |
| 1.625% 31 Jul 2020 |
| - |
|
| 54,792 |
|
| US Treasury N/B |
| 1.875% 31 Jul 2022 |
| - |
|
| 183,903 |
|
| US Treasury N/B |
| 1.375% 31 Aug 2020 |
| - |
|
| 15,411 |
|
| US Treasury N/B |
| 1.625% 31 Aug 2022 |
| - |
|
| 25,450 |
|
| US Treasury N/B |
| 2.5% 15 Aug 2023 |
| - |
|
| 33,234 |
|
| US Treasury N/B |
| 5.5% 15 Aug 2028 |
| - |
|
| 71,418 |
|
| US Treasury N/B |
| 4.5% 15 Aug 2039 |
| - |
|
| 10,970 |
|
| US Treasury N/B |
| 1.375% 30 Sep 2020 |
| - |
|
| 375,595 |
|
21
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
US Treasury N/B |
| 1.125% 30 Sep 2021 |
| - |
|
| 94,278 |
| |
| US Treasury N/B |
| 1.5% 31 Oct 2019 |
| - |
|
| 427,870 |
|
| US Treasury N/B |
| 1.375% 31 Oct 2020 |
| - |
|
| 65,024 |
|
| US Treasury N/B |
| 2.875% 31 Oct 2020 |
| - |
|
| 123,145 |
|
| US Treasury N/B |
| 2% 31 Oct 2022 |
| - |
|
| 265,512 |
|
| US Treasury N/B |
| 1.625% 31 Oct 2023 |
| - |
|
| 32,780 |
|
| US Treasury N/B |
| 2.875% 31 Oct 2023 |
| - |
|
| 183,203 |
|
| US Treasury N/B |
| 2% 30 Nov 2020 |
| - |
|
| 69,704 |
|
| US Treasury N/B |
| 2.75% 30 Nov 2020 |
| - |
|
| 406,949 |
|
| US Treasury N/B |
| 1.75% 30 Nov 2021 |
| - |
|
| 82,106 |
|
| US Treasury N/B |
| 2.875% 15 Nov 2021 |
| - |
|
| 353,774 |
|
| US Treasury N/B |
| 2% 30 Nov 2022 |
| - |
|
| 77,446 |
|
| US Treasury N/B |
| 2.125% 30 Nov 2023 |
| - |
|
| 137,629 |
|
| US Treasury N/B |
| 2.875% 30 Nov 2023 |
| - |
|
| 63,924 |
|
| US Treasury N/B |
| 2.875% 30 Nov 2023 |
| - |
|
| 371,428 |
|
| US Treasury N/B |
| 2.25% 15 Nov 2027 |
| - |
|
| 12,038 |
|
| US Treasury N/B |
| 2.75% 15 Nov 2047 |
| - |
|
| 15,255 |
|
| US Treasury N/B |
| 2.625% 15 Dec 2021 |
| - |
|
| 169,223 |
|
| US Treasury N/B |
| 2.125% 31 Dec 2022 |
| - |
|
| 21,442 |
|
| US Treasury N/B |
| 2.25% 31 Dec 2023 |
| - |
|
| 56,922 |
|
| US Treasury N/B |
| 2.25% 31 Dec 2023 |
| - |
|
| 223,427 |
|
| U.S. Government and Government Agency Issues |
|
|
| - |
|
| 8,654,910 |
|
| Corporate and Other Obligations: |
|
|
|
|
|
|
|
|
| Abbott Laboratories Sr Unsecured |
| 2.9% 30 Nov 2021 |
| - |
|
| 22,244 |
|
| Abbvie Inc Sr Unsecured |
| 2.5% 14 May 2020 |
| - |
|
| 2,736 |
|
| Air Lease Corp Sr Unsecured |
| 3.875% 3 Jul 2023 |
| - |
|
| 17,158 |
|
| Aircastle Ltd Sr Unsecured |
| 4.4% 25 Sep 2023 |
| - |
|
| 10,356 |
|
| Alexandria Real Estate E Company Guar |
| 4.6% 1 Apr 2022 |
| - |
|
| 13,149 |
|
| Alfa S.A. Sr Unsecured 144A |
| 5.25% 25 Mar 2024 |
| - |
|
| 8,062 |
|
| Amazon.Com Inc Sr Unsecured |
| 2.4% 22 Feb 2023 |
| - |
|
| 12,032 |
|
| American Electric Power Sr Unsecured |
| 4.3% 1 Dec 2028 |
| - |
|
| 25,081 |
|
| American Express Co Sr Unsecured |
| 3.4% 27 Feb 2023 |
| - |
|
| 25,137 |
|
| American Express Credit Sr Unsecured |
| 2.6% 14 Sep 2020 |
| - |
|
| 3,425 |
|
| American Financial Group Sr Unsecured |
| 3.5% 15 Aug 2026 |
| - |
|
| 12,538 |
|
| American Honda Finance Sr Unsecured |
| 3.625% 10 Oct 2023 |
| - |
|
| 22,598 |
|
| American Intl Group Sr Unsecured |
| 4.875% 1 Jun 2022 |
| - |
|
| 15,760 |
|
| American Intl Group Sr Unsecured |
| 6.4% 15 Dec 2020 |
| - |
|
| 30,986 |
|
| American Tower Corp Sr Unsecured |
| 3.4% 15 Feb 2019 |
| - |
|
| 3,558 |
|
| American Tower Corp Sr Unsecured |
| 3% 15 Jun 2023 |
| - |
|
| 23,582 |
|
| Americredit Automobile Receiva Amcar 2017 1 A3 |
| 1.87% 18 Aug 2021 |
| - |
|
| 2,912 |
|
| Amgen Inc Sr Unsecured |
| 2.2% 22 May 2019 |
| - |
|
| 2,407 |
|
| Amgen Inc Sr Unsecured |
| 2.65% 11 May 2022 |
| - |
|
| 29,528 |
|
| Anheuser Busch |
| 3.65% 1 Feb 2026 |
| - |
|
| 24,482 |
|
| Asian Development Bank Sr Unsecured |
| 2.25% 20 Jan 2021 |
| - |
|
| 30,536 |
|
| Assurant Inc Sr Unsecured |
| 4.2% 27 Sep 2023 |
| - |
|
| 2,770 |
|
| At+T Inc Sr Unsecured |
| 3.2% 1 Mar 2022 |
| - |
|
| 13,111 |
|
| At+T Inc Sr Unsecured |
| 3.95594% 12 Jun 2024 |
| - |
|
| 9,209 |
|
| Athene Global Funding Secured 144A |
| 2.75% 20 Apr 2020 |
| - |
|
| 12,313 |
|
| Athene Holding Ltd Sr Unsecured |
| 4.125% 12 Jan 2028 |
| - |
|
| 2,979 |
|
| Autonation Inc Company Guar |
| 4.5% 1 Oct 2025 |
| - |
|
| 5,839 |
|
| Autonation Inc Company Guar |
| 3.5% 15 Nov 2024 |
| - |
|
| 6,707 |
|
| Aviation Capital Group Sr Unsecured 144A |
| 3.875% 1 May 2023 |
| - |
|
| 8,794 |
|
| Baker Hughes |
| 2.773% 15 Dec 2022 |
| - |
|
| 11,095 |
|
| Banc Of America Commercial Mor Bacm 2017 Bnk3 A2 |
| 3.116% 15 Feb 2050 |
| - |
|
| 21,890 |
|
| Banco Santander Sa Sr Unsecured |
| 3.5% 11 Apr 2022 |
| - |
|
| 6,776 |
|
| Bank Of America Corp Sr Unsecured |
| 2.738% 23 Jan 2022 |
| - |
|
| 12,069 |
|
| Bank Of America Corp Sr Unsecured |
| 3.499% 17 May 2022 |
| - |
|
| 11,739 |
|
| Bank Of America Corp Sr Unsecured |
| 2.369% 21 Jul 2021 |
| - |
|
| 26,615 |
|
| Bank Of America Corp Sr Unsecured |
| 2.503% 21 Oct 2022 |
| - |
|
| 19,445 |
|
| Bank Of America Corp Subordinated |
| 4.45% 3 Mar 2026 |
| - |
|
| 1,775 |
|
| Bank Of America Corp Subordinated |
| 3.95% 21 Apr 2025 |
| - |
|
| 25,856 |
|
| Bank Of America Corp Subordinated |
| 4.2% 26 Aug 2024 |
| - |
|
| 8,354 |
|
| Bank Of America Credit Card Tr Bacct 2014 A1 A |
| 2.83513% 15 Jun 2021 |
| - |
|
| 17,953 |
|
22
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Bank Of Nova Scotia Sr Unsecured |
| 2.5% 8 Jan 2021 |
| - |
|
| 2,557 |
| |
| Bank Of Ny Mellon Corp Sr Unsecured |
| 2.661% 16 May 2023 |
| - |
|
| 27,183 |
|
| Bank Of The West Auto Trust Bwsta 2017 1 A3 144A |
| 2.11% 15 Jan 2023 |
| - |
|
| 8,525 |
|
| Banque Fed Cred Mutuel Sr Unsecured 144A |
| 2.75% 15 Oct 2020 |
| - |
|
| 6,835 |
|
| Barclays Commercial Mortgage S Bbcms 2017 C1 A2 |
| 3.189% 15 Feb 2050 |
| - |
|
| 18,297 |
|
| Barclays Dryrock Issuance Trus Drock 2014 3 A |
| 2.41% 15 Jul 2022 |
| - |
|
| 36,086 |
|
| Barclays Dryrock Issuance Trus Drock 2015 1 A |
| 2.2% 15 Dec 2022 |
| - |
|
| 22,259 |
|
| Barclays Plc Sr Unsecured |
| 3.684% 10 Jan 2023 |
| - |
|
| 10,780 |
|
| Barclays Plc Sr Unsecured |
| 4.338% 16 May 2024 |
| - |
|
| 25,005 |
|
* | Baxalta Inc Company Guar |
| 3.6% 23 Jun 2022 |
| - |
|
| 3,734 |
|
| Bb Ubs Trust Bbubs 2012 Tft A 144A |
| 2.8922% 5 Jun 2030 |
| - |
|
| 19,704 |
|
| Bb+T Corporation Sr Unsecured |
| 2.15% 1 Feb 2021 |
| - |
|
| 18,249 |
|
| Bb+T Corporation Sr Unsecured |
| 2.625% 29 Jun 2020 |
| - |
|
| 4,448 |
|
| Bb+T Corporation Sr Unsecured |
| 3.75% 6 Dec 2023 |
| - |
|
| 30,113 |
|
| Becton Dickinson And Co Sr Unsecured |
| 2.675% 15 Dec 2019 |
| - |
|
| 8,719 |
|
| Berkshire Hathaway Energ Sr Unsecured |
| 2.8% 15 Jan 2023 |
| - |
|
| 8,877 |
|
| Best Buy Co Inc Sr Unsecured |
| 4.45% 1 Oct 2028 |
| - |
|
| 12,019 |
|
| Biogen Inc Sr Unsecured |
| 3.625% 15 Sep 2022 |
| - |
|
| 7,130 |
|
| Bnp Paribas Sr Unsecured |
| 2.375% 21 May 2020 |
| - |
|
| 6,829 |
|
| Boeing Co Sr Unsecured |
| 2.125% 1 Mar 2022 |
| - |
|
| 36,016 |
|
| Boston Properties Lp Sr Unsecured |
| 4.125% 15 May 2021 |
| - |
|
| 12,246 |
|
| Boston Properties Lp Sr Unsecured |
| 4.5% 1 Dec 2028 |
| - |
|
| 14,295 |
|
| Branch Banking + Trust Sr Unsecured |
| 2.625% 15 Jan 2022 |
| - |
|
| 30,491 |
|
| Brighthouse Financial In Sr Unsecured |
| 3.7% 22 Jun 2027 |
| - |
|
| 8,168 |
|
| British Telecommunicatio Sr Unsecured |
| 4.5% 4 Dec 2023 |
| - |
|
| 24,318 |
|
| Brixmor Operating Part Sr Unsecured |
| 3.65% 15 Jun 2024 |
| - |
|
| 10,560 |
|
| Broadcom Crp / Caymn Fi Company Guar 144A |
| 3.625% 15 Jan 2024 |
| - |
|
| 2,613 |
|
| Broadcom Crp / Caymn Fi Company Guar 144A |
| 3.875% 15 Jan 2027 |
| - |
|
| 5,482 |
|
| Brown Forman Corp Sr Unsecured |
| 3.5% 15 Apr 2025 |
| - |
|
| 7,219 |
|
| Buckeye Partners Lp Sr Unsecured |
| 3.95% 1 Dec 2026 |
| - |
|
| 5,004 |
|
| Bunge Ltd Finance Corp Company Guar |
| 4.35% 15 Mar 2024 |
| - |
|
| 16,088 |
|
| Bx Trust Bx 2017 Imc A 144A |
| 3.50513% 15 Oct 2032 |
| - |
|
| 9,735 |
|
| Capital One Financial Co Sr Unsecured |
| 3.05% 9 Mar 2022 |
| - |
|
| 11,616 |
|
| Capital One Financial Co Sr Unsecured |
| 3.3% 30 Oct 2024 |
| - |
|
| 12,570 |
|
| Capital One Financial Co Sr Unsecured |
| 3.3% 30 Oct 2024 |
| - |
|
| 17,304 |
|
| Capital One Multi Asset Execut Comet 2016 A5 A5 |
| 1.66% 17 Jun 2024 |
| - |
|
| 38,520 |
|
| Carmax Auto Owner Trust Carmx 2015 4 A3 |
| 1.56% 16 Nov 2020 |
| - |
|
| 3,259 |
|
| Carmax Auto Owner Trust Carmx 2017 2 A3 |
| 1.93% 15 Mar 2022 |
| - |
|
| 20,502 |
|
| Carmax Auto Owner Trust Carmx 2017 2 A4 |
| 2.25% 15 Sep 2022 |
| - |
|
| 36,145 |
|
| Carmax Auto Owner Trust Carmx 2017 4 A3 |
| 2.11% 17 Oct 2022 |
| - |
|
| 5,125 |
|
| Carmax Auto Owner Trust Carmx 2017 4 A4 |
| 2.33% 15 May 2023 |
| - |
|
| 10,205 |
|
| Caterpillar Finl Service Sr Unsecured |
| 3.65% 7 Dec 2023 |
| - |
|
| 19,391 |
|
| Celgene Corp Sr Unsecured |
| 3.875% 15 Aug 2025 |
| - |
|
| 11,798 |
|
| Cfcre Commercial Mortgage Trus Cfcre 2016 C4 A4 |
| 3.283% 10 May 2058 |
| - |
|
| 26,218 |
|
| Charter Comm Opt |
| 4.908% 23 Jul 2025 |
| - |
|
| 12,358 |
|
| Charter Comm Opt |
| 4.908% 23 Jul 2025 |
| - |
|
| 9,268 |
|
| Chase Issuance Trust Chait 2014 A2 A2 |
| 2.77% 15 Mar 2023 |
| - |
|
| 16,592 |
|
| Chrysler Capital Auto Receivab Ccart 2016 Aa A3 144A |
| 1.77% 15 Oct 2020 |
| - |
|
| 215 |
|
| Chubb Ina Holdings Inc Company Guar |
| 2.7% 13 Mar 2023 |
| - |
|
| 169 |
|
| Cigna Corp Company Guar 144A |
| 3.75% 15 Jul 2023 |
| - |
|
| 3,303 |
|
| Cigna Corp Company Guar 144A |
| 3.75% 15 Jul 2023 |
| - |
|
| 17,548 |
|
| Cigna Corp Company Guar 144A |
| 4.375% 15 Oct 2028 |
| - |
|
| 5,207 |
|
| Cigna Corp Company Guar 144A |
| 4.125% 15 Nov 2025 |
| - |
|
| 3,895 |
|
| Citibank Credit Card Issuance Cccit 2014 A1 A1 |
| 2.88% 23 Jan 2023 |
| - |
|
| 31,570 |
|
| Citigroup Commercial Mortgage Cgcmt 2015 Gc27 A5 |
| 3.137% 10 Feb 2048 |
| - |
|
| 15,415 |
|
| Citigroup Commercial Mortgage Cgcmt 2016 C1 A4 |
| 3.209% 10 May 2049 |
| - |
|
| 22,337 |
|
| Citigroup Inc Sr Unsecured |
| 4.044% 1 Jun 2024 |
| - |
|
| 12,809 |
|
| Citigroup Inc Sr Unsecured |
| 2.65% 26 Oct 2020 |
| - |
|
| 18,053 |
|
| Citigroup Inc Subordinated |
| 3.875% 26 Mar 2025 |
| - |
|
| 22,371 |
|
| Citizens Bank |
| 2.25% 2 Mar 2020 |
| - |
|
| 11,953 |
|
| Citizens Financial Group Sr Unsecured |
| 2.375% 28 Jul 2021 |
| - |
|
| 26,763 |
|
| Cnh Equipment Trust Cnh 2015 A A4 |
| 1.85% 15 Apr 2021 |
| - |
|
| 7,309 |
|
| Cnh Equipment Trust Cnh 2017 B A3 |
| 1.86% 15 Sep 2022 |
| - |
|
| 9,707 |
|
23
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Comcast Corp Company Guar |
| 3.7% 15 Apr 2024 |
| - |
|
| 29,696 |
| |
| Comerica Bank Sr Unsecured |
| 2.5% 2 Jun 2020 |
| - |
|
| 8,864 |
|
| Comerica Inc Sr Unsecured |
| 3.7% 31 Jul 2023 |
| - |
|
| 29,155 |
|
| Comm Mortgage Trust Comm 2013 Sfs A1 144A |
| 1.8726% 12 Apr 2035 |
| - |
|
| 4,198 |
|
| Comm Mortgage Trust Comm 2014 Ubs2 A5 |
| 3.961% 10 Mar 2047 |
| - |
|
| 4,955 |
|
| Comm Mortgage Trust Comm 2014 Ubs3 A4 |
| 3.819% 10 Jun 2047 |
| - |
|
| 10,391 |
|
| Comm Mortgage Trust Comm 2014 Ubs3 A4 |
| 3.819% 10 Jun 2047 |
| - |
|
| 18,846 |
|
| Comm Mortgage Trust Comm 2014 Ubs5 A4 |
| 3.838% 10 Sep 2047 |
| - |
|
| 17,802 |
|
| Comm Mortgage Trust Comm 2014 Ubs6 A5 |
| 3.644% 10 Dec 2047 |
| - |
|
| 28,107 |
|
| Comm Mortgage Trust Comm 2015 Cr27 Asb |
| 3.404% 10 Oct 2048 |
| - |
|
| 29,264 |
|
| Comm Mortgage Trust Comm 2015 Dc1 A5 |
| 3.35% 10 Feb 2048 |
| - |
|
| 10,273 |
|
| Comm Mortgage Trust Comm 2015 Dc1 A5 |
| 3.35% 10 Feb 2048 |
| - |
|
| 5,308 |
|
| Comm Mortgage Trust Comm 2015 Pc1 A5 |
| 3.902% 10 Jul 2050 |
| - |
|
| 21,937 |
|
| Comm Mortgage Trust Comm 2016 Dc2 A5 |
| 3.765% 10 Feb 2049 |
| - |
|
| 26,324 |
|
| Commonwealth Bank Aust Sr Unsecured 144A |
| 2.25% 10 Mar 2020 |
| - |
|
| 10,265 |
|
| Compass Bank Sr Unsecured |
| 2.875% 29 Jun 2022 |
| - |
|
| 13,066 |
|
| Conagra Brands Inc Sr Unsecured |
| 2.90806% 9 Oct 2020 |
| - |
|
| 27,308 |
|
| Concho Resources Inc Company Guar |
| 3.75% 1 Oct 2027 |
| - |
|
| 6,175 |
|
| Consumers Energy Co 1St Mortgage |
| 3.375% 15 Aug 2023 |
| - |
|
| 9,525 |
|
| Cooperat Rabobank UA/NY Sr Unsecured |
| 2.25% 14 Jan 2020 |
| - |
|
| 8,557 |
|
| Cooperatieve Rabobank Ua Company Guar |
| 4.375% 4 Aug 2025 |
| - |
|
| 13,732 |
|
| Cox Communications Inc Sr Unsecured 144A |
| 2.95% 30 Jun 2023 |
| - |
|
| 4,219 |
|
| Cox Communications Inc Sr Unsecured 144A |
| 3.15% 15 Aug 2024 |
| - |
|
| 9,299 |
|
| Cred Suis Gp Fun Ltd Company Guar |
| 2.75% 26 Mar 2020 |
| - |
|
| 18,782 |
|
| Cred Suis Gp Fun Ltd Company Guar |
| 3.8% 15 Sep 2022 |
| - |
|
| 31,528 |
|
| Credit Agricole London Sr Unsecured 144A |
| 3.375% 10 Jan 2022 |
| - |
|
| 11,376 |
|
| Credit Agricole London Sr Unsecured 144A |
| 2.75% 10 Jun 2020 |
| - |
|
| 8,533 |
|
| Credit Based Asset Servicing A Cbass 2003 Cb1 Af |
| 3.95% 25 Jan 2033 |
| - |
|
| 1,999 |
|
| Credit Suisse Mortgage Trust Csmc 2014 Usa A2 144A |
| 3.953% 15 Sep 2037 |
| - |
|
| 23,388 |
|
| Csail Commercial Mortgage Trus Csail 2015 C2 A4 |
| 3.504% 15 Jun 2057 |
| - |
|
| 4,067 |
|
| Csail Commercial Mortgage Trus Csail 2015 C3 A4 |
| 3.7182% 15 Aug 2048 |
| - |
|
| 16,060 |
|
| Csail Commercial Mortgage Trus Csail 2015 C4 A4 |
| 3.8079% 15 Nov 2048 |
| - |
|
| 13,992 |
|
| Csail Commercial Mortgage Trus Csail 2015 C4 Asb |
| 3.6167% 15 Nov 2048 |
| - |
|
| 8,728 |
|
| Cvs Health Corp Sr Unsecured |
| 3.7% 9 Mar 2023 |
| - |
|
| 20,321 |
|
| Cvs Health Corp Sr Unsecured |
| 4.1% 25 Mar 2025 |
| - |
|
| 6,152 |
|
| Cvs Health Corp Sr Unsecured |
| 2.125% 1 Jun 2021 |
| - |
|
| 12,324 |
|
| Cvs Health Corp Sr Unsecured |
| 3.875% 20 Jul 2025 |
| - |
|
| 9,689 |
|
| D.R. Horton Inc Company Guar |
| 2.55% 1 Dec 2020 |
| - |
|
| 12,803 |
|
| Daimler Finance Na Llc Company Guar 144A |
| 3.35% 22 Feb 2023 |
| - |
|
| 13,110 |
|
| Daimler Finance Na Llc Company Guar 144A |
| 2.2% 5 May 2020 |
| - |
|
| 7,640 |
|
| Daimler Finance Na Llc Company Guar 144A |
| 2.45% 18 May 2020 |
| - |
|
| 17,397 |
|
| Delamare Cards Delam 2018 1A A1 144A |
| 3.16285% 19 Nov 2025 |
| - |
|
| 23,092 |
|
| Dell Equipment Finance Trust Deft 2017 2 A3 144A |
| 2.19% 24 Oct 2022 |
| - |
|
| 12,681 |
|
| Delta Air Lines 2009 1A Pass Thru Ce |
| 7.75% 17 Jun 2021 |
| - |
|
| 6,231 |
|
| Delta Air Lines Inc Sr Unsecured |
| 2.6% 4 Dec 2020 |
| - |
|
| 25,799 |
|
| Deutsche Bank Ny Sr Unsecured |
| 4.1% 13 Jan 2026 |
| - |
|
| 10,763 |
|
| Deutsche Bank Ny Sr Unsecured |
| 4.25% 4 Feb 2021 |
| - |
|
| 10,036 |
|
| Deutsche Bank Ny Sr Unsecured |
| 3.3% 16 Nov 2022 |
| - |
|
| 3,199 |
|
| Discover Bank Subordinated |
| 7% 15 Apr 2020 |
| - |
|
| 14,376 |
|
| Dominion Energy Inc Sr Unsecured |
| 2% 15 Aug 2021 |
| - |
|
| 36,656 |
|
| Dow Chemical Co/The Sr Unsecured 144A |
| 4.55% 30 Nov 2025 |
| - |
|
| 4,917 |
|
| Dowdupont Inc Sr Unsecured |
| 4.205% 15 Nov 2023 |
| - |
|
| 7,587 |
|
| Dowdupont Inc Sr Unsecured |
| 4.493% 15 Nov 2025 |
| - |
|
| 7,642 |
|
| Dowdupont Inc Sr Unsecured |
| 4.493% 15 Nov 2025 |
| - |
|
| 11,551 |
|
| Drive Auto Receivables Trust Drive 2018 1 A3 |
| 2.42% 15 Jan 2021 |
| - |
|
| 8,085 |
|
| Drive Auto Receivables Trust Drive 2018 5 A1 |
| 2.68461% 15 Nov 2019 |
| - |
|
| 9,483 |
|
| Drive Auto Receivables Trust Drive 2018 5 A3 |
| 3.34% 15 Oct 2022 |
| - |
|
| 24,261 |
|
| Eastman Chemical Co Sr Unsecured |
| 4.5% 1 Dec 2028 |
| - |
|
| 17,644 |
|
| Edison International Sr Unsecured |
| 2.125% 15 Apr 2020 |
| - |
|
| 26,716 |
|
| Enbridge Inc Company Guar |
| 3.5% 10 Jun 2024 |
| - |
|
| 4,706 |
|
| Enel Chile Sa Sr Unsecured |
| 4.875% 12 Jun 2028 |
| - |
|
| 6,990 |
|
| Energy Transfer Operatng Company Guar |
| 4.9% 1 Feb 2024 |
| - |
|
| 5,940 |
|
| Energy Transfer Operatng Company Guar |
| 4.15% 1 Oct 2020 |
| - |
|
| 23,617 |
|
24
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Entergy Corp Sr Unsecured |
| 4% 15 Jul 2022 |
| - |
|
| 11,040 |
| |
| Entergy Texas Inc 1St Mortgage |
| 3.45% 1 Dec 2027 |
| - |
|
| 11,910 |
|
| Enterprise Fleet Financing Llc Eff 2017 3 A2 144A |
| 2.13% 22 May 2023 |
| - |
|
| 9,084 |
|
| Enterprise Products Oper Company Guar |
| 3.75% 15 Feb 2025 |
| - |
|
| 4,782 |
|
| Enterprise Products Oper Company Guar |
| 3.7% 15 Feb 2026 |
| - |
|
| 13,436 |
|
| Enterprise Products Oper Company Guar |
| 3.35% 15 Mar 2023 |
| - |
|
| 11,747 |
|
| Enterprise Products Oper Company Guar |
| 5.2% 1 Sep 2020 |
| - |
|
| 9,074 |
|
| Enterprise Products Oper Company Guar |
| 4.15% 16 Oct 2028 |
| - |
|
| 13,224 |
|
| European Investment Bank Sr Unsecured |
| 2.5% 15 Mar 2023 |
| - |
|
| 29,473 |
|
| European Investment Bank Sr Unsecured |
| 2.375% 13 May 2021 |
| - |
|
| 31,592 |
|
| Eversource Energy Sr Unsecured |
| 2.75% 15 Mar 2022 |
| - |
|
| 13,569 |
|
| Eversource Energy Sr Unsecured |
| 4.25% 1 Apr 2029 |
| - |
|
| 12,652 |
|
| Exelon Corp Sr Unsecured |
| 2.85% 15 Jun 2020 |
| - |
|
| 20,549 |
|
| Exelon Generation Co Llc Sr Unsecured |
| 2.95% 15 Jan 2020 |
| - |
|
| 7,696 |
|
| Exelon Generation Co Llc Sr Unsecured |
| 4.25% 15 Jun 2022 |
| - |
|
| 14,699 |
|
| Exeter Automobile Receivables Eart 2018 1A A 144A |
| 2.21% 17 May 2021 |
| - |
|
| 9,716 |
|
| Expedia Inc Company Guar |
| 3.8% 15 Feb 2028 |
| - |
|
| 8,484 |
|
| Expedia Inc Company Guar |
| 3.8% 15 Feb 2028 |
| - |
|
| 12,053 |
|
| Express Scripts Holding Company Guar |
| 3% 15 Jul 2023 |
| - |
|
| 2,326 |
|
| Fanniemae Aces Fna 2015 M17 Fa |
| 3.23088% 25 Nov 2022 |
| - |
|
| 7,839 |
|
| Fhlmc Multifamily Structured P Fhms K021 A1 |
| 1.603% 25 Jan 2022 |
| - |
|
| 13,328 |
|
| Fhlmc Multifamily Structured P Fhms K035 A1 |
| 2.615% 25 Mar 2023 |
| - |
|
| 10,811 |
|
| Fhlmc Multifamily Structured P Fhms K083 A2 |
| 4.05% 25 Sep 2028 |
| - |
|
| 26,396 |
|
| Fhlmc Multifamily Structured P Fhms K084 A2 |
| 3.78% 25 Oct 2028 |
| - |
|
| 17,619 |
|
| Fhlmc Multifamily Structured P Fhms Kp03 A2 |
| 1.78% 25 Jul 2019 |
| - |
|
| 3,341 |
|
| Fifth Third Bancorp Sr Unsecured |
| 3.5% 15 Mar 2022 |
| - |
|
| 6,536 |
|
| Ford Credit Auto Owner Trust Fordo 2016 A A4 |
| 1.6% 15 Jun 2021 |
| - |
|
| 9,406 |
|
| Ford Credit Auto Owner Trust Fordo 2016 C A3 |
| 1.22% 15 Mar 2021 |
| - |
|
| 14,036 |
|
| Ford Credit Auto Owner Trust Fordo 2017 C A3 |
| 2.01% 15 Mar 2022 |
| - |
|
| 11,770 |
|
| Ford Credit Auto Owner Tr |
| 2.26% 15 Nov 2025 |
| - |
|
| 12,045 |
|
| Ford Credit Auto Owner Tr |
| 2.31% 15 Aug 2027 |
| - |
|
| 11,067 |
|
| Ford Credit Auto Owner Tr |
| 3.19% 15 Jul 2031 |
| - |
|
| 16,781 |
|
| Ford Credit Floorplan Master O Fordf 2016 1 A1 |
| 1.76% 15 Feb 2021 |
| - |
|
| 11,784 |
|
| Ford Credit Floorplan Master O Fordf 2017 1 A1 |
| 2.07% 15 May 2022 |
| - |
|
| 16,007 |
|
| Ford Credit Floorplan Master O Fordf 2017 2 A1 |
| 2.16% 15 Sep 2022 |
| - |
|
| 11,461 |
|
| Ford Motor Credit Co Llc Sr Unsecured |
| 5.875% 2 Aug 2021 |
| - |
|
| 9,984 |
|
| Fortis Inc Sr Unsecured |
| 2.1% 4 Oct 2021 |
| - |
|
| 14,105 |
|
| Fortune Brands Home + Se Sr Unsecured |
| 4% 21 Sep 2023 |
| - |
|
| 14,175 |
|
| Gatx Corp Sr Unsecured |
| 4.35% 15 Feb 2024 |
| - |
|
| 21,400 |
|
| General Motors Co Sr Unsecured |
| 5% 1 Oct 2028 |
| - |
|
| 24,696 |
|
| General Motors Finl Co Company Guar |
| 3.1% 15 Jan 2019 |
| - |
|
| 12,945 |
|
| General Motors Finl Co Company Guar |
| 4% 15 Jan 2025 |
| - |
|
| 1,873 |
|
| General Motors Finl Co Company Guar |
| 4.35% 9 Apr 2025 |
| - |
|
| 7,850 |
|
| General Motors Finl Co Company Guar |
| 4.3% 13 Jul 2025 |
| - |
|
| 2,290 |
|
| General Motors Gfort 2016 1 A1 144A |
| 1.96% 17 May 2021 |
| - |
|
| 14,123 |
|
| Gilead Sciences Inc Sr Unsecured |
| 3.65% 1 Mar 2026 |
| - |
|
| 5,380 |
|
| Gilead Sciences Inc Sr Unsecured |
| 2.55% 1 Sep 2020 |
| - |
|
| 12,259 |
|
| Gilead Sciences Inc Sr Unsecured |
| 2.55% 1 Sep 2020 |
| - |
|
| 35,955 |
|
| Glaxosmithkline Cap Inc Company Guar |
| 3.375% 15 May 2023 |
| - |
|
| 24,431 |
|
| Glencore Funding Llc Company Guar 144A |
| 3% 27 Oct 2022 |
| - |
|
| 5,572 |
|
| Gm Financial Securitized Term Gmcar 2018 2 A3 |
| 2.81% 16 Dec 2022 |
| - |
|
| 26,306 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 5.75% 24 Jan 2022 |
| - |
|
| 11,747 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 3.2% 23 Feb 2023 |
| - |
|
| 11,887 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 4% 3 Mar 2024 |
| - |
|
| 11,787 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 6% 15 Jun 2020 |
| - |
|
| 5,432 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 2.876% 31 Oct 2022 |
| - |
|
| 6,706 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 2.876% 31 Oct 2022 |
| - |
|
| 14,585 |
|
| Goldman Sachs Group Inc Sr Unsecured |
| 2.35% 15 Nov 2021 |
| - |
|
| 4,860 |
|
| Gs Mortgage Securities Trust Gsms 2013 G1 A2 144A |
| 3.557% 10 Apr 2031 |
| - |
|
| 15,293 |
|
| Hartford Finl Svcs Grp Sr Unsecured |
| 5.5% 30 Mar 2020 |
| - |
|
| 8,466 |
|
| Healthcare Trust Of Amer Company Guar |
| 2.95% 1 Jul 2022 |
| - |
|
| 13,254 |
|
| Hershey Company Sr Unsecured |
| 3.375% 15 May 2023 |
| - |
|
| 26,930 |
|
| Hess Corp Sr Unsecured |
| 4.3% 1 Apr 2027 |
| - |
|
| 9,142 |
|
25
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Honda Auto Receivables Owner T Harot 2016 4 A3 |
| 1.21% 18 Dec 2020 |
| - |
|
| 13,405 |
| |
| Host Hotels + Resorts Lp Sr Unsecured |
| 3.75% 15 Oct 2023 |
| - |
|
| 440 |
|
| Hp Enterprise Co Sr Unsecured |
| 3.6% 15 Oct 2020 |
| - |
|
| 14,017 |
|
| Hp Enterprise Co Sr Unsecured |
| 3.6% 15 Oct 2020 |
| - |
|
| 4,915 |
|
| Hp Enterprise Co Sr Unsecured |
| 4.9% 15 Oct 2025 |
| - |
|
| 7,307 |
|
| Hp Enterprise Co Sr Unsecured 144A |
| 2.1% 4 Oct 2019 |
| - |
|
| 9,045 |
|
| Hsbc Holdings Plc Sr Unsecured |
| 2.65% 5 Jan 2022 |
| - |
|
| 31,816 |
|
| Hsbc Holdings Plc Sr Unsecured |
| 5.1% 5 Apr 2021 |
| - |
|
| 8,211 |
|
| Hsbc Holdings Plc Sr Unsecured |
| 4.292% 12 Sep 2026 |
| - |
|
| 12,411 |
|
| Ing Bank Nv Subordinated 144A |
| 5.8% 25 Sep 2023 |
| - |
|
| 12,332 |
|
| Ing Groep Nv Sr Unsecured |
| 3.15% 29 Mar 2022 |
| - |
|
| 19,687 |
|
| Ing Groep Nv Sr Unsecured |
| 4.1% 2 Oct 2023 |
| - |
|
| 7,452 |
|
| Inter American Devel Bk Sr Unsecured |
| 2.5% 18 Jan 2023 |
| - |
|
| 28,818 |
|
| Intesa Sanpaolo Spa Sr Unsecured 144A |
| 3.875% 12 Jan 2028 |
| - |
|
| 10,909 |
|
| Intl Bk Recon + Develop Sr Unsecured |
| 2% 26 Jan 2022 |
| - |
|
| 30,185 |
|
| Israel Electric Corp Ltd Sr Secured 144A Regs |
| 5% 12 Nov 2024 |
| - |
|
| 8,867 |
|
| Jabil Inc Sr Unsecured |
| 5.625% 15 Dec 2020 |
| - |
|
| 10,512 |
|
| John Deere Owner Trust Jdot 2017 B A3 |
| 1.82% 15 Oct 2021 |
| - |
|
| 7,850 |
|
| Jpmbb Commercial Mortgage Secu Jpmbb 2014 C18 A2 |
| 2.8785% 15 Feb 2047 |
| - |
|
| 178 |
|
| Jpmbb Commercial Mortgage Secu Jpmbb 2014 C21 A5 |
| 3.7748% 15 Aug 2047 |
| - |
|
| 9,991 |
|
| Jpmbb Commercial Mortgage Secu Jpmbb 2015 C32 Asb |
| 3.3582% 15 Nov 2048 |
| - |
|
| 42,107 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 3.782% 1 Feb 2028 |
| - |
|
| 8,713 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 3.22% 1 Mar 2025 |
| - |
|
| 13,172 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 3.514% 18 Jun 2022 |
| - |
|
| 25,604 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 4.4% 22 Jul 2020 |
| - |
|
| 10,017 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 2.295% 15 Aug 2021 |
| - |
|
| 10,104 |
|
| Jpmorgan Chase + Co Sr Unsecured |
| 2.295% 15 Aug 2021 |
| - |
|
| 13,136 |
|
| Keurig Dr Pepper Inc Company Guar 144A |
| 4.057% 25 May 2023 |
| - |
|
| 11,525 |
|
| Key Bank Na Sr Unsecured |
| 2.25% 16 Mar 2020 |
| - |
|
| 8,539 |
|
| Key Bank Na Sr Unsecured |
| 3.18% 15 Oct 2027 |
| - |
|
| 13,920 |
|
| Key Bank Na Sr Unsecured |
| 2.5% 22 Nov 2021 |
| - |
|
| 9,307 |
|
| Kinder Morgan Ener Part Company Guar |
| 6.85% 15 Feb 2020 |
| - |
|
| 22,162 |
|
| Kinder Morgan Ener Part Company Guar |
| 4.15% 1 Feb 2024 |
| - |
|
| 8,211 |
|
| Kinder Morgan Ener Part Company Guar |
| 4.15% 1 Mar 2022 |
| - |
|
| 6,816 |
|
| Kinder Morgan Ener Part Company Guar |
| 3.95% 1 Sep 2022 |
| - |
|
| 12,940 |
|
| Kinder Morgan Inc Company Guar |
| 4.3% 1 Jun 2025 |
| - |
|
| 2,569 |
|
| Kla Tencor Corp Sr Unsecured |
| 4.65% 1 Nov 2024 |
| - |
|
| 11,710 |
|
| Kohl S Corporation Sr Unsecured |
| 4.25% 17 Jul 2025 |
| - |
|
| 11,071 |
|
| Kraft Heinz Foods Co Company Guar |
| 3.18813% 10 Feb 2021 |
| - |
|
| 20,370 |
|
| Kraft Heinz Foods Co Company Guar |
| 2.8% 2 Jul 2020 |
| - |
|
| 17,135 |
|
| Kubota Credit Owner Trust Kcot 2018 1A A3 144A |
| 3.1% 15 Aug 2022 |
| - |
|
| 13,356 |
|
| Kubota Credit Owner Trust Kcot 2018 1A A4 144A |
| 3.21% 15 Jan 2025 |
| - |
|
| 11,317 |
|
| Lam Research Corp Sr Unsecured |
| 2.8% 15 Jun 2021 |
| - |
|
| 4,438 |
|
| Lloyds Banking Group Plc Sr Unsecured |
| 4.375% 22 Mar 2028 |
| - |
|
| 6,714 |
|
| Lloyds Banking Group Plc Sr Unsecured |
| 3.1% 6 Jul 2021 |
| - |
|
| 20,143 |
|
| Lloyds Banking Group Plc Sr Unsecured |
| 4.05% 16 Aug 2023 |
| - |
|
| 13,471 |
|
| Lloyds Banking Group Plc Subordinated |
| 4.582% 10 Dec 2025 |
| - |
|
| 9,641 |
|
| Lstar Commercial Mortgage Trus Lnstr 2016 4 A2 144A |
| 2.579% 10 Mar 2049 |
| - |
|
| 8,641 |
|
| Lyondellbasell Ind Nv Sr Unsecured |
| 5% 15 Apr 2019 |
| - |
|
| 14,480 |
|
| Manuf + Traders Trust Co Sr Unsecured |
| 2.625% 25 Jan 2021 |
| - |
|
| 8,515 |
|
| Marathon Petroleum Corp Sr Unsecured |
| 5.125% 1 Mar 2021 |
| - |
|
| 5,434 |
|
| Marriott International Sr Unsecured |
| 4.15% 1 Dec 2023 |
| - |
|
| 15,042 |
|
| Marriott International Sr Unsecured |
| 4.65% 1 Dec 2028 |
| - |
|
| 14,996 |
|
| Marvell Technology Group Sr Unsecured |
| 4.2% 22 Jun 2023 |
| - |
|
| 5,163 |
|
| Massmutual Global Fundin Secured 144A |
| 2.95% 11 Jan 2025 |
| - |
|
| 11,272 |
|
| Mckesson Corp Sr Unsecured |
| 4.75% 30 May 2029 |
| - |
|
| 25,011 |
|
| Medtronic Inc Company Guar |
| 2.5% 15 Mar 2020 |
| - |
|
| 30,739 |
|
| Met Life Glob Funding I Secured 144A |
| 2.65% 8 Apr 2022 |
| - |
|
| 26,915 |
|
| Met Life Glob Funding I Secured 144A |
| 2.65% 8 Apr 2022 |
| - |
|
| 11,775 |
|
| Met Life Glob Funding I Sr Secured 144A |
| 2.4% 8 Jan 2021 |
| - |
|
| 23,627 |
|
| Methanex Corp Sr Unsecured |
| 3.25% 15 Dec 2019 |
| - |
|
| 3,598 |
|
* | Metlife Inc Sr Unsecured |
| 3.048% 15 Dec 2022 |
| - |
|
| 14,801 |
|
| Microchip Technology Inc Sr Secured 144A |
| 3.922% 1 Jun 2021 |
| - |
|
| 1,883 |
|
26
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Mitsubishi Ufj Fin Grp Sr Unsecured |
| 3.85% 1 Mar 2026 |
| - |
|
| 13,533 |
| |
| Mitsubishi Ufj Fin Grp Sr Unsecured |
| 3.761% 26 Jul 2023 |
| - |
|
| 24,450 |
|
| Mizuho Bank Ltd Company Guar 144A |
| 2.45% 16 Apr 2019 |
| - |
|
| 16,543 |
|
| Moody S Corporation Sr Unsecured |
| 4.25% 1 Feb 2029 |
| - |
|
| 21,448 |
|
| Morgan Stanley Baml Trust Msbam 2014 C14 A3 |
| 3.669% 15 Feb 2047 |
| - |
|
| 31,604 |
|
| Morgan Stanley Baml Trust Msbam 2014 C16 A5 |
| 3.892% 15 Jun 2047 |
| - |
|
| 10,233 |
|
| Morgan Stanley Baml Trust Msbam 2015 C22 A4 |
| 3.306% 15 Apr 2048 |
| - |
|
| 9,209 |
|
| Morgan Stanley Sr Unsecured |
| 3.649% 20 Jan 2022 |
| - |
|
| 8,602 |
|
| Morgan Stanley Sr Unsecured |
| 3.41413% 14 Feb 2020 |
| - |
|
| 27,618 |
|
| Morgan Stanley Sr Unsecured |
| 5.5% 28 Jul 2021 |
| - |
|
| 11,288 |
|
| Morgan Stanley Sr Unsecured |
| 2.625% 17 Nov 2021 |
| - |
|
| 33,863 |
|
| Morgan Stanley Subordinated |
| 4.35% 8 Sep 2026 |
| - |
|
| 29,892 |
|
| Mylan Nv Company Guar |
| 3.15% 15 Jun 2021 |
| - |
|
| 13,336 |
|
| Nabors Industries Inc Company Guar |
| 5.5% 15 Jan 2023 |
| - |
|
| 8,960 |
|
| National Australia |
| 3.7% 4 Nov 2021 |
| - |
|
| 27,007 |
|
| National Rural Util Coop Sr Unsecured |
| 1.5% 1 Nov 2019 |
| - |
|
| 8,517 |
|
| Nevada Power Co Genl Ref Mor |
| 2.75% 15 Apr 2020 |
| - |
|
| 35,821 |
|
| New York Life Global Fdg Secured 144A |
| 1.95% 11 Feb 2020 |
| - |
|
| 7,713 |
|
| Niagara Mohawk Power Sr Unsecured 144A |
| 4.278% 15 Dec 2028 |
| - |
|
| 12,496 |
|
| Noble Energy Inc Sr Unsecured |
| 3.9% 15 Nov 2024 |
| - |
|
| 8,327 |
|
| Noble Energy Inc Sr Unsecured |
| 4.15% 15 Dec 2021 |
| - |
|
| 3,954 |
|
| Nordea Bank Abp Sr Unsecured 144A |
| 2.5% 17 Sep 2020 |
| - |
|
| 32,001 |
|
| Office Ppty Income Trst Sr Unsecured |
| 4.25% 15 May 2024 |
| - |
|
| 7,152 |
|
| Omega Hlthcare Investors Company Guar |
| 4.5% 15 Jan 2025 |
| - |
|
| 2,550 |
|
| Oracle Corp Sr Unsecured |
| 1.9% 15 Sep 2021 |
| - |
|
| 25,120 |
|
| Orix Corp Sr Unsecured |
| 3.25% 4 Dec 2024 |
| - |
|
| 10,704 |
|
| Oscar Us Funding Trust Oscar 2017 2A A3 144A |
| 2.45% 10 Dec 2021 |
| - |
|
| 2,390 |
|
| Oscar Us Funding Trust Oscar 2017 2A A4 144A |
| 2.76% 10 Dec 2024 |
| - |
|
| 3,062 |
|
| Oscar Us Funding Trust Oscar 2018 2A A4 144A |
| 3.63% 10 Sep 2025 |
| - |
|
| 17,434 |
|
| Paccar Financial Corp Sr Unsecured |
| 2.25% 25 Feb 2021 |
| - |
|
| 28,760 |
|
| Paccar Financial Corp Sr Unsecured |
| 1.2% 12 Aug 2019 |
| - |
|
| 4,951 |
|
| Pacific Gas + Electric Sr Unsecured |
| 3.5% 15 Jun 2025 |
| - |
|
| 7,840 |
|
| Penske Truck Leasing/PTL Sr Unsecured 144A |
| 4.125% 1 Aug 2023 |
| - |
|
| 15,163 |
|
| Petroleos Mexicanos Company Guar |
| 6.5% 23 Jan 2029 |
| - |
|
| 2,962 |
|
| Plains All Amer Pipeline Sr Unsecured |
| 3.6% 1 Nov 2024 |
| - |
|
| 10,611 |
|
| Pnc Bank Na Sr Unsecured |
| 2.6% 21 Jul 2020 |
| - |
|
| 8,555 |
|
| Pnc Financial Services Sr Unsecured |
| 3.3% 8 Mar 2022 |
| - |
|
| 14,639 |
|
* | Prudential Financial Inc Sr Unsecured |
| 4.5% 15 Nov 2020 |
| - |
|
| 10,028 |
|
| Ralph Lauren Corp Sr Unsecured |
| 3.75% 15 Sep 2025 |
| - |
|
| 25,491 |
|
| Retl Retl 2018 Rvp A 144A |
| 3.55513% 15 Mar 2033 |
| - |
|
| 4,053 |
|
| Reynolds American Inc Company Guar |
| 6.875% 1 May 2020 |
| - |
|
| 4,670 |
|
| Reynolds American Inc Company Guar |
| 8.125% 23 Jun 2019 |
| - |
|
| 20,603 |
|
| Reynolds American Inc Company Guar |
| 4% 12 Jun 2022 |
| - |
|
| 14,616 |
|
| Royal Bk Scotlnd Grp Plc Sr Unsecured |
| 5.076% 27 Jan 2030 |
| - |
|
| 8,655 |
|
| Royal Bk Scotlnd Grp Plc Subordinated |
| 5.125% 28 May 2024 |
| - |
|
| 9,740 |
|
| Ryder System Inc Sr Unsecured |
| 3.875% 1 Dec 2023 |
| - |
|
| 15,901 |
|
| S+P Global Inc Company Guar |
| 4.4% 15 Feb 2026 |
| - |
|
| 10,258 |
|
| S+P Global Inc Company Guar |
| 3.3% 14 Aug 2020 |
| - |
|
| 6,745 |
|
| Santander Drive Auto Receivabl Sdart 2018 1 A3 |
| 2.32% 16 Aug 2021 |
| - |
|
| 7,228 |
|
| Santander Holdings Usa Sr Unsecured |
| 3.7% 28 Mar 2022 |
| - |
|
| 13,392 |
|
| Santander Holdings Usa Sr Unsecured |
| 4.4% 13 Jul 2027 |
| - |
|
| 12,739 |
|
| Santander Uk Group Hldgs Sr Unsecured |
| 4.796% 15 Nov 2024 |
| - |
|
| 26,223 |
|
| Schlumberger Hldgs Corp Sr Unsecured 144A |
| 3% 21 Dec 2020 |
| - |
|
| 13,860 |
|
| Seagate Hdd Cayman Company Guar |
| 4.875% 1 Mar 2024 |
| - |
|
| 5,181 |
|
| Sempra Energy Sr Unsecured |
| 2.9% 1 Feb 2023 |
| - |
|
| 4,528 |
|
| Sigma Alimentos Sa Sr Unsecured 144A |
| 4.125% 2 May 2026 |
| - |
|
| 8,059 |
|
| Spectra Energy Partners Company Guar |
| 3.5% 15 Mar 2025 |
| - |
|
| 15,324 |
|
| Starwood Retail Property Trust Srpt 2014 Star A 144A |
| 3.67513% 15 Nov 2027 |
| - |
|
| 15,206 |
|
| Starwood Retail Property Trust Srpt 2014 Star A 144A |
| 3.67513% 15 Nov 2027 |
| - |
|
| 5,474 |
|
| Sumitomo Mitsui Finl Grp Sr Unsecured |
| 2.784% 12 Jul 2022 |
| - |
|
| 13,455 |
|
| Suntrust Bank Sr Unsecured |
| 2.45% 1 Aug 2022 |
| - |
|
| 17,972 |
|
| Suntrust Bank Sr Unsecured |
| 4.05% 3 Nov 2025 |
| - |
|
| 6,670 |
|
| Suntrust Banks Inc Sr Unsecured |
| 4% 1 May 2025 |
| - |
|
| 6,234 |
|
27
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
Synchrony Credit Card Master N Gemnt 2012 2 A |
| 2.22% 15 Jan 2022 |
| - |
|
| 19,290 |
| |
| Synchrony Credit Card Master N Gemnt 2012 7 A |
| 1.76% 15 Sep 2022 |
| - |
|
| 49,449 |
|
| Synchrony Financial Sr Unsecured |
| 4.5% 23 Jul 2025 |
| - |
|
| 9,287 |
|
| Sysco Corporation Company Guar |
| 3.55% 15 Mar 2025 |
| - |
|
| 9,179 |
|
| Telefonica Emisiones Sau Company Guar |
| 5.462% 16 Feb 2021 |
| - |
|
| 5,903 |
|
| Thermo Fisher Scientific Sr Unsecured |
| 2.95% 19 Sep 2026 |
| - |
|
| 13,062 |
|
| Time Warner Cable Llc Sr Secured |
| 5% 1 Feb 2020 |
| - |
|
| 4,201 |
|
| Timken Co Sr Unsecured |
| 4.5% 15 Dec 2028 |
| - |
|
| 7,987 |
|
| Toronto Dominion Bank Sr Unsecured |
| 3.25% 11 Jun 2021 |
| - |
|
| 25,651 |
|
| Total System Services In Sr Unsecured |
| 4% 1 Jun 2023 |
| - |
|
| 5,687 |
|
| Transcanada Pipelines Sr Unsecured |
| 9.875% 1 Jan 2021 |
| - |
|
| 11,936 |
|
| Trimble Inc Sr Unsecured |
| 4.15% 15 Jun 2023 |
| - |
|
| 1,388 |
|
| Tyson Foods Inc Company Guar |
| 2.65% 15 Aug 2019 |
| - |
|
| 3,056 |
|
| Ubs Barclays Commercial Mortga Ubsbb 2013 C6 A4 |
| 3.2443% 10 Apr 2046 |
| - |
|
| 22,831 |
|
| Ubs Commercial Mortgage Trust Ubscm 2018 C8 A4 |
| 3.983% 15 Feb 2051 |
| - |
|
| 7,742 |
|
| Ubs Commercial Mortgage Trust Ubscm 2018 C9 A4 |
| 4.117% 15 Mar 2051 |
| - |
|
| 17,772 |
|
| Ubs Group Funding Switze Company Guar 144A |
| 4.125% 24 Sep 2025 |
| - |
|
| 6,982 |
|
| United Technologies Corp Sr Unsecured |
| 3.95% 16 Aug 2025 |
| - |
|
| 7,741 |
|
| United Technologies Corp Sr Unsecured |
| 1.95% 1 Nov 2021 |
| - |
|
| 25,186 |
|
| Unitedhealth Group Inc Sr Unsecured |
| 3.5% 15 Feb 2024 |
| - |
|
| 22,062 |
|
| Unitedhealth Group Inc Sr Unsecured |
| 2.125% 15 Mar 2021 |
| - |
|
| 26,534 |
|
| Us Bancorp Sr Unsecured |
| 2.625% 24 Jan 2022 |
| - |
|
| 30,597 |
|
| Us Bank Na Cincinnati Sr Unsecured |
| 3.15% 26 Apr 2021 |
| - |
|
| 17,104 |
|
| Vale Overseas Limited Company Guar |
| 6.25% 10 Aug 2026 |
| - |
|
| 10,067 |
|
| Valero Energy Corp Sr Unsecured |
| 6.125% 1 Feb 2020 |
| - |
|
| 9,344 |
|
| Verizon Communications Sr Unsecured |
| 1.75% 15 Aug 2021 |
| - |
|
| 8,334 |
|
| Verizon Owner Trust Vzot 2017 3A A1A 144A |
| 2.06% 20 Apr 2022 |
| - |
|
| 24,898 |
|
| Verizon Owner Trust Vzot 2018 1A A1A 144A |
| 2.82% 20 Sep 2022 |
| - |
|
| 22,719 |
|
| Verizon Owner Trust Vzot 2018 A A1A |
| 3.23% 20 Apr 2023 |
| - |
|
| 24,313 |
|
| Visa Inc Sr Unsecured |
| 2.2% 14 Dec 2020 |
| - |
|
| 33,635 |
|
| Vodafone Group Plc Sr Unsecured |
| 3.75% 16 Jan 2024 |
| - |
|
| 4,015 |
|
| Vodafone Group Plc Sr Unsecured |
| 4.125% 30 May 2025 |
| - |
|
| 8,833 |
|
| Vodafone Group Plc Sr Unsecured |
| 4.125% 30 May 2025 |
| - |
|
| 2,046 |
|
| Volkswagen Group America Company Guar 144A |
| 4.25% 13 Nov 2023 |
| - |
|
| 25,508 |
|
| Wabtec Corp Company Guar |
| 3.83819% 15 Sep 2021 |
| - |
|
| 5,179 |
|
| Wabtec Corp Company Guar |
| 4.7% 15 Sep 2028 |
| - |
|
| 13,922 |
|
| Waldorf Astoria Boca Raton Tru Wabr 2016 Boca A 144A |
| 3.80513% 15 Jun 2029 |
| - |
|
| 18,054 |
|
| Warner Media Llc Company Guar |
| 4.75% 29 Mar 2021 |
| - |
|
| 14,511 |
|
| Warner Media Llc Company Guar |
| 3.55% 1 Jun 2024 |
| - |
|
| 9,158 |
|
| Warner Media Llc Company Guar |
| 3.6% 15 Jul 2025 |
| - |
|
| 10,790 |
|
| Warner Media Llc Company Guar |
| 4.05% 15 Dec 2023 |
| - |
|
| 24,826 |
|
| Waste Management Inc Company Guar |
| 4.6% 1 Mar 2021 |
| - |
|
| 14,058 |
|
| Waste Management Inc Company Guar |
| 4.75% 30 Jun 2020 |
| - |
|
| 14,837 |
|
| Wells Fargo + Company Sr Unsecured |
| 3.069% 24 Jan 2023 |
| - |
|
| 10,456 |
|
| Wells Fargo + Company Sr Unsecured |
| 2.6% 22 Jul 2020 |
| - |
|
| 27,350 |
|
| Wells Fargo Bank Na Sr Unsecured |
| 3.625% 22 Oct 2021 |
| - |
|
| 25,003 |
|
| Wells Fargo Commercial Mortgag Wfcm 2017 Rc1 A2 |
| 3.118% 15 Jan 2060 |
| - |
|
| 41,342 |
|
| Welltower Inc Sr Unsecured |
| 5.25% 15 Jan 2022 |
| - |
|
| 14,714 |
|
| Welltower Inc Sr Unsecured |
| 4% 1 Jun 2025 |
| - |
|
| 13,867 |
|
| Western Midstream Operat Sr Unsecured |
| 4.5% 1 Mar 2028 |
| - |
|
| 3,065 |
|
| Western Midstream Operat Sr Unsecured |
| 4.75% 15 Aug 2028 |
| - |
|
| 1,972 |
|
| Western Union Co/The Sr Unsecured |
| 4.25% 9 Jun 2023 |
| - |
|
| 13,026 |
|
| Westpac Banking Corp Sr Unsecured |
| 2.8% 11 Jan 2022 |
| - |
|
| 5,590 |
|
| Wf Rbs Commercial Mortgage Tru Wfrbs 2014 C19 A3 |
| 3.66% 15 Mar 2047 |
| - |
|
| 21,761 |
|
| Wf Rbs Commercial Mortgage Tru Wfrbs 2014 C19 A5 |
| 4.101% 15 Mar 2047 |
| - |
|
| 12,313 |
|
| Wf Rbs Commercial Mortgage Tru Wfrbs 2014 C24 A5 |
| 3.607% 15 Nov 2047 |
| - |
|
| 26,269 |
|
| Wheels Spv Llc Whls 2016 1A A3 144A |
| 1.87% 20 May 2025 |
| - |
|
| 14,248 |
|
| Williams Companies Inc Sr Unsecured |
| 3.9% 15 Jan 2025 |
| - |
|
| 9,559 |
|
| Williams Companies Inc Sr Unsecured |
| 3.6% 15 Mar 2022 |
| - |
|
| 8,299 |
|
| Williams Companies Inc Sr Unsecured |
| 4% 15 Nov 2021 |
| - |
|
| 11,783 |
|
| World Financial Network Credit Wfnmt 2017 B A |
| 1.98% 15 Jun 2023 |
| - |
|
| 9,943 |
|
| World Financial Network Credit Wfnmt 2017 C A |
| 2.31% 15 Aug 2024 |
| - |
|
| 26,210 |
|
| World Financial Network Credit Wfnmt 2018 A A |
| 3.07% 16 Dec 2024 |
| - |
|
| 12,736 |
|
28
Baxter Healthcare of Puerto Rico
Savings and Investment Plan
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
Employer Identification Number: 66-0678126 and Plan Number 024
December 31, 2018
World Financial Network Credit Wfnmt 2018 A A |
| 3.07% 16 Dec 2024 |
| - |
|
| 51,633 |
| |
| Wrkco Inc Company Guar 144A |
| 3.75% 15 Mar 2025 |
| - |
|
| 18,461 |
|
| Yamana Gold Inc Company Guar |
| 4.95% 15 Jul 2024 |
| - |
|
| 5,437 |
|
| Zimmer Biomet Holdings Sr Unsecured |
| 2.7% 1 Apr 2020 |
| - |
|
| 5,060 |
|
| Zoetis Inc Sr Unsecured |
| 3.45% 13 Nov 2020 |
| - |
|
| 4,569 |
|
| Corporate and Other Obligations |
|
|
| - |
|
| 5,923,929 |
|
| Separate Investment Contract: |
|
|
|
|
|
|
|
|
* | Metropolitan Life Insurance Company |
| Separate Investment Account |
| - |
|
| 4,584,574 |
|
| Benefit Resource Interest Rate Wrapper Contracts: |
|
|
|
|
|
|
|
|
* | Metropolitan Life Insurance Company |
|
|
| - |
|
| (2,744 | ) |
* | Prudential Financial Inc |
|
|
| - |
|
| (2,164 | ) |
* | Transamerica Inc |
|
|
| - |
|
| (4,580 | ) |
| Benefit Resource Interest Rate Wrapper Contracts |
|
|
| - |
|
| (9,488 | ) |
| Synthetic Guaranteed Investment Contracts at Fair Value |
|
|
| - |
|
| 19,451,592 |
|
| Adjustment to Contract Value |
|
|
| - |
|
| 120,086 |
|
| Synthetic Guaranteed Investment Contracts at Contract Value |
|
|
| - |
|
| 19,571,678 |
|
| Common-collective Trusts: |
|
|
|
|
|
|
|
|
* | Northern Trust Domestic Mid Cap |
| Common-collective Trusts |
| - |
|
| 663,235 |
|
* | SSgA Emerging Markets Equity |
| Common-collective Trusts |
| - |
|
| 273,963 |
|
* | State Street S&P 500 Index Non-Lending Series Fund |
| Common-collective Trusts |
| - |
|
| 8,414,970 |
|
* | State Street International Index Non-Lending Series Fund |
| Common-collective Trusts |
| - |
|
| 1,952,230 |
|
* | State Street Russell Small Cap Index Non-Lending Series Fund |
| Common-collective Trusts |
| - |
|
| 2,577,412 |
|
* | Vanguard Target Retirement Income |
| Common-collective Trusts |
| - |
|
| 205,370 |
|
* | Vanguard Target Retirement 2015 |
| Common-collective Trusts |
| - |
|
| 359,529 |
|
* | Vanguard Target Retirement 2020 |
| Common-collective Trusts |
| - |
|
| 942,834 |
|
* | Vanguard Target Retirement 2025 |
| Common-collective Trusts |
| - |
|
| 1,643,729 |
|
* | Vanguard Target Retirement 2030 |
| Common-collective Trusts |
| - |
|
| 1,890,121 |
|
* | Vanguard Target Retirement 2035 |
| Common-collective Trusts |
| - |
|
| 1,475,720 |
|
* | Vanguard Target Retirement 2040 |
| Common-collective Trusts |
| - |
|
| 2,312,885 |
|
* | Vanguard Target Retirement 2045 |
| Common-collective Trusts |
| - |
|
| 1,304,027 |
|
* | Vanguard Target Retirement 2050 |
| Common-collective Trusts |
| - |
|
| 1,761,141 |
|
* | Vanguard Target Retirement 2055 |
| Common-collective Trusts |
| - |
|
| 121,887 |
|
| Comingled Investments |
|
|
| - |
|
| 25,899,053 |
|
* | Participant Loans |
| Interest rates range from 4.25% to 6.25% |
| - |
|
| 3,166,251 |
|
| Collateral Held on Loaned Securities |
|
|
|
|
|
|
|
|
* | SSgA Quality D Short-term Investment Fund |
|
|
| - |
|
| 198,441 |
|
| Total Investments |
|
|
| - |
| $ | 62,135,501 |
|
* | Party-in-interest |
** | These investments include securities that were loaned to brokers under the securities lending program with the Trustee. |
(1) | Cost information not required for participant-directed investment. |
29
| Exhibit | |
|
|
|
23.1 |
|
30
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Plan Administrator has duly caused this annual report to be signed on its behalf by the undersigned thereunto duly authorized.
| BAXTER HEALTHCARE of PUERTO RICO SAVINGS AND INVESTMENT PLAN | ||
|
|
|
|
Date: June 28, 2019 |
| By: | /s/ James K. Saccaro |
|
|
| James K. Saccaro |
|
|
| Member of the Administrative Committee |
31